Quote:
Originally Posted by Fuzz
It wasn't hated by most Albertans because most Albertans probably wouldn't even know what the PPA was. Yes, it was a screw up, I think most people aware of PPA's acknowledge that. But I'll take 10 PPA's over another UCP term.
|
No you wouldn't. Trust me. I wouldn't take one let alone 10.
Selling off Alberta's generating capacity to the retailers who deliver it to end users was a generational F-up by the conservatives. IIRC the government collected around a billion dollars for it, and created a duopoly where Enmax and Epcor were given a license to print money through the outright GOUGING of Albertans that still happens to this day. It's gross.
It should be a case study on what NOT to do when you privatize something. The NDP knew it was a horrible deal; they just didn't know how to roll it back.