Lower Mattagami could become a $10 billion boondoggle
Today the government of Canada approved a pipeline, which some see as contrasting with it declaring a climate emergency yesterday. To assuage the concern the government has promised to do blindingly good things with profits from the pipeline, including promising "every dollar the federal government earns from this project will be invested in Canada’s clean energy transition," and launching, "the next phase of engagement with Indigenous groups on ways they could share in the benefits of the expansion, including through equity ownership or revenue sharing." When the Prime Minister was elected he brought two veterans of Ontario's Liberal government to Ottawa as his top advisors, so this seems an opportune time to examine one "clean energy" initiative geared to invest in Aboriginal communities. The $2.6 billion expansion on hydroelectric generating stations on the Lower Mattagami river. Ontario's nominally public generator says of a hydro project comp...