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| Artists rendering of the proposed Site C Dam. Handout |
Rising costs take toll on Site C dam likelihood
The Site C hydroelectric dam on the Peace River now has a price tag of C$8.5 billion
By Jeremy van Loon and Rebecca Penty, Calgary Herald/The Province/Bloomberg December 12, 2014
Rising costs for a planned hydropower station in British Columbia are
threatening the project as the province champions exports of liquefied
natural gas.
The Site C hydroelectric dam on the Peace River now has a price tag of C$8.5 billion ($7.4 billion), an increase of 7.6 per cent since October when the provincially owned BC Hydro & Power Authority project won environmental approval. The government of Premier Christy Clark, who revealed the higher cost this week in an interview at Bloomberg headquarters, will decide by the end of the year if the project will go ahead.
Read more here: http://bit.ly/1IRoyBN
The Site C hydroelectric dam on the Peace River now has a price tag of C$8.5 billion ($7.4 billion), an increase of 7.6 per cent since October when the provincially owned BC Hydro & Power Authority project won environmental approval. The government of Premier Christy Clark, who revealed the higher cost this week in an interview at Bloomberg headquarters, will decide by the end of the year if the project will go ahead.
Read more here: http://bit.ly/1IRoyBN
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