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Fatal Flaws Invalidate BC Hydro's Site C Business Case

MEDIA ADVISORY

May 25, 2015

For Immediate Release

FATAL FLAWS INVALIDATE BC HYDRO’S SITE C BUSINESS CASE

VANCOUVER, BRITISH COLUMBIA – Members of the media and the public are invited to attend a one-hour briefing hosted by the PVLA to hear respected energy economist Robert McCullough and others outline fatal flaws in the business case for the $8.8 billion Site C Dam, including:

  • Contrary to Energy and Mines Minister Bill Bennett, Site C is likely double the cost of other energy options

  • BC Hydro’s financial analysis is skewed to favour Site C over alternatives

  • Contrary to BC Hydro statements, a 2 year delay to Site C will save ratepayers $200 million

  • The Site C final investment decision ignores critical new information on geothermal energy

  • Contrary to Finance Minister Mike de Jong’s statements, Site C is not a green project

Robert McCullough’s testimony in front of the U.S. Senate Energy Committee is credited with initiating the Enron trading investigations.

Meeting Details:

Event: Fatal Flaws Invalidate BC Hydro’s Site C Business Case

Date: Tuesday, May 26, 2015

Time: Noon - 1:00pm

Location: Four Seasons Hotel, Aspen Room, Vancouver BC

Cost: Free, space limited

In-Person: Please RSVP

Teleconference: Limited lines, please contact Rob Botterell for call-in numbers

Additional materials including Robert McCullough’s expert report which reviews Site C business case assumptions will be released on May 26th, 2015 at 11:45am pacific daylight time.

Media Contacts:

  • President Ken Boon (250) 262-3205 or (250) 262-9014, pvla@xplornet.com

  • Rob Botterell, Lidstone & Company, (778) 866-2936, botterell@lidstone.info

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Peace Valley Landowner Assoc. | pvla@xplornet.com | Ken Boon | SS#2, Site 12, Comp 19 | Fort St. John, British Columbia V1J 4M7, Canada

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Ken Boon, President

(250) 262-9014

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SS#2, Site 12, Comp 19

Fort Saint John, BC

V1J 4M7

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