After a careful examination of BC Hydro’s analysis of the Site C Dam project, energy economist Robert McCullough concluded, “Nobody in their right mind would build anything today.” The 5,100 GW of electricity this facility would produce is not needed. It probably will not be needed before 2028. Ratepayers will save $200 million if construction of the Site C Dam is delayed for two years. In fact, “A longer delay will very likely generate higher net savings.” This was one of many factors that led McCullough, the economist who busted Enron, to conclude the Site C dam project needs to be delayed for two years.
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