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Has the provincial government or Nalcor explored the possibility that America won't want our power once it's flowing? Have they crunched the numbers for such a contingency? Could we use it ourselves, or sell it to the Maritimes? Would we be able to pay back the loans in such a scenario?

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"Shipping" our electricity to Asian markets is not an option as it is for the Alberta oil producers.

with 28 member countries, including Canada. Its annual reports hold great sway in business circles around the world.

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A shocking energy prediction

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Remember that the energy crises of the 1970s were followed by the oil glut of the 1980s, when crude was going for a tenth of what it now costs. The idea that America might not want our electricity is not just a flight of fancy it's a very real possibility according to those who Quality Nike Crop Top

study world energy markets. Let's address it now before we're left holding a white elephant.

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Such predictions sound ludicrous but the organization behind the report, the IEA, is an independent multinational organization Nike Hoodie Womens Black

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Nike Windrunner Women Black And White

A few national media organizations noted the IEA's report and how it might affect the Alberta Oil Sands, but the provincial government hasn't noted what effect such a scenario could have on the viability of Muskrat Falls.

The IEA was created after the energy crisis in the early 1970s. It's because of our collective memory of the two Nike Windrunner Women Black And White energy crunches during the 70s that we might have a difficult time imagining the United States someday exporting Nike Crop Top Womens

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Nike Windrunner Women Black And White

Yet these monumental shifts can and do happen. Plenty of citizens who learned about the Wright Brothers as children later watched the moon landings as seniors.

oil. It's a monumental shift that could have major implications here at home.

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