Churchill Falls MOU 'a good deal' that remedies past inequities, says energy consultant
- The proposed Churchill Falls MOU is expected to generate over $225 billion in new revenue and create thousands of jobs, according to energy consultant Jason Chee-Aloy.
- Hydro-Québec will pay 5.9 cents per kilowatt hour for electricity starting in 2025, significantly higher than the current price of 0.2 cents, as stated in the agreement.
- An independent review panel will oversee the Churchill Falls MOU and related negotiations to ensure fairness, as announced by Energy Minister Andrew Parsons.
- The House of Assembly will vote on the MOU, and the opposition parties demand an independent review before supporting it, highlighting concerns over past agreements.
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Total News Sources0
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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