McGuinty, Horwath and Schreiner promise to protect taxpayers from future nuclear cost overruns
Submitted by OCAA on Tue, 07/12/2011 - 04:30.
July 12, 2011
Will Tim Hudak stand up for Ontario’s hard working families?
July 12, 2011 - Premier Dalton McGuinty, NDP Leader Andrea Horwath and Green Party Leader Mike Schreiner have all promised that they will not allow nuclear power companies to pass their future cost overruns onto Ontario’s consumers and taxpayers in their responses to an Ontario Clean Air Alliance (OCAA) election questionnaire released today.
PC Party Leader Tim Hudak has refused to tell the OCAA whether he would allow nuclear power companies to pass their inevitable cost overruns onto consumers and taxpayers if he becomes Premier of Ontario.
Every nuclear project in Ontario’s history has gone massively over budget and it’s the provinces electricity consumers and taxpayers who end up paying the bills. In fact, the real costs of Ontario’s nuclear projects have been, on average, 2.5 times greater than their original cost estimates. “Ontario’s hard working families need to know whether Tim Hudak will protect them from future nuclear cost overruns, especially given that Mr. Hudak is calling for an expedited decision on the development of new nuclear projects,” said Jack Gibbons, Chair of the OCAA.
To prevent cost overruns from the proposed Darlington Re-Build Project being passed on to consumers and taxpayers, Ontario Power Generation must find a third party (e.g., AECL/SNC-Lavalin, Areva, GE) that will agree to re-build Darlington pursuant to an all-in, fixed-price contract.
“To date the Government of Ontario has signed more than 1,000 contracts for electricity supply from solar, wind, biomass, water and natural gas-fired generating stations. None of these projects are allowed to pass their cost overruns onto consumers and taxpayers. Any new nuclear projects should be subject to the same consumer protection rules. It is time to put consumers and taxpayers first,” Mr. Gibbons said.
The full responses of Premier McGuinty, Ms. Horwath and Mr. Schreiner to the OCAA’s four election questions are available online at www.cleanairalliance.org.
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