Campbell Applauds BCUC Decision
By 250 News
Prince George, B.C. - Premier Gordon Campbell says he's pleased with a decision by the B.C. Utilities Commission to approve a power sale agreement between Rio Tinto Alcan and B.C. Hydro. (click here, for previous story)
"This generates long-term, firm electricity, which we need in the province," says Campbell. "It's going to reduce emissions by about 70-percent in Kitimat, it's going to secure long-term jobs in the community -- it's about a $2-billion dollar investment should Rio Tinto decide to go ahead with it (modernization of the smelter)."
The BCUC ruling did not dictate that Rio Tinto had to proceed with the modernization, as a condition of approving the sales agreement. The project will go to the company's Board of Directors for final approval.
The Premier says, "I am hopeful from all the conversations I've had that they will go ahead, so I can't tell you anymore than that -- they are going to look at their numbers, they're going to see whether it works and it will be in our best interests if it does and they go ahead."
"If they decide not to go ahead, that's not very good news for us."
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Generates long term, firm power, at a much higher rate than if BCHydro was allowed to build, manage and operate hydro dams itself !
Then not to link the construction of the smelter renovations to this, that is such an asinine move !