VANCOUVER, BRITISH COLUMBIA, May 26, 2015 – Today, the PVLA urgently requested Premier Christy Clark delay the start of Site C dam construction to address the very disturbing findings of respected energy economist Robert McCullough regarding the Site C business case. A thorough, open, expert and independent review of the Site C business case with full procedural safeguards could take up to 2 years and would also:
- save BC ratepayers $200 million dollars,
- respect Site C-related court processes now underway, and
- allow time for BC Auditor General Carol Bellringer to consider a finance performance audit of the Site C final investment decision process.
PVLA President Ken Boon says, “We now know that the Site C final investment decision for this $8.8 billion project contains fundamental flaws. We need a two year time-out to address the very disturbing findings of respected energy economist Robert McCullough regarding the Site C business case. A two year delay will also save BC ratepayers $200 million, whether or not Site C ultimately proceeds.”
For additional background materials, including the PVLA letter to the Premier and Robert McCullough’s expert report, go to: http://wp.me/p55IAc-2P