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Old 07-26-2016, 07:45 PM   #2190
Kjesse
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Join Date: Oct 2003
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Quote:
Originally Posted by Slava View Post
I know everyone wants to pile on the NDP and blame the carbon tax here, so maybe this falls on deaf ears. This really has to do with the companies trying to get out from the contracts with the carbon tax potentially giving them a way. The PPAs aren't profitable. The clause lets them out if the unprofitability is due to a legislative change. But they're already underwater, before you even take the carbon tax into account.

Is that the fault of the NDP and their carbon tax? Sure doesn't look like it.
So if the companies only have a small cut bleeding a little, then the government comes along and makes it a deep laceration bleeding profusely, the companies shouldn't be able to claim that is a change in circumstance? I don't buy that argument one bit.
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