Media Advisory - Fatal Flaws Invalidate BC Hydro's Site C Business Case

VANCOUVER, May 25, 2015 /CNW/ - 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^th, 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 the Site C business case assumptions, will be released on May 26th, 2015 at 11:45am pacific daylight time. 

SOURCE Peace Valley Landowner Association

Media Contacts: President Ken Boon [phone] or [phone], [email protected]; Rob Botterell, Lidstone & Company, [phone], [email protected]