The Editor:
The Saskatchewan Green Party wants to know how many years SaskPower is bound by contract to Cenovus in the $1.4 billion carbon capture project?
Last year SaskPower had to pay Cenovus $12 million in penalties because the project was running below full capacity. If SaskPower must pay penalties for the project over many years, carbon capture will become an even more expensive failure.
Mounting penalties flowing from carbon capture problems could become a huge drain on the public treasury. For example, if the
carbon capture project continues to run below capacity over the next 20 years, SaskPower would have to pay $240 million in penalties to Cenovus.
Saskatchewan people must be told how many years the carbon capture deal with Cenovus is in effect so that a future Saskatchewan Green Party government can decide what to do with the contract.
Real change for Saskatchewan means full disclosure about public projects so boondoggles like carbon capture can be avoided.
Victor Lau
Saskatchewan Green Party Leader
Regina
