Le Lézard
Classified in: Environment
Subjects: ENI, AVO, CPG

Rejecting the Énergie Saguenay project is a costly mistake


MONTREAL, July 21, 2021 /CNW Telbec/ - With the Quebec government rejecting the Énergie Saguenay project today, Miguel Ouellette, Economist and Director of Operations at the Montreal Economic Institute (MEI), wished to respond.

"What we're seeing today is that the consultation process makes more room for a handful of activists than for the community hosting a project, which makes no sense," says Mr. Ouellette. "We need to understand that the project would in all likelihood have led to a global reduction in GHG emissions. Of course, the developer could not provide a list of clients before the project was approved?that's putting the cart before the horse. What was asked of them was simply unreasonable," adds the economist.

"Énergie Saguenay would have created thousands of jobs in a region with a relatively high unemployment rate and with an average income that's below the provincial average. There was no better location for a project of this scope. In such a context, it makes you wonder whether undertaking large projects is possible at all in Quebec," points out Mr. Ouellette. "The situation is all the more deplorable given that the local community and the municipalities in the region approved of the project. With this kind of a process in place and such disappointing results, we're sending an extremely negative message to anyone who might be thinking of investing and creating jobs in Quebec," concludes the economist.

The Montreal Economic Institute is an independent public policy think tank. Through its publications, media appearances, and advisory services to policy-makers, the MEI stimulates public policy debate and reforms based on sound economics and entrepreneurship.

SOURCE Montreal Economic Institute


These press releases may also interest you

at 11:00
Doral Renewables LLC (Doral LLC), a developer and operator of clean energy generation assets, welcomes Evan Speece as Chief Financial Officer (CFO). Evan has deep energy finance and transactional experience, having most recently served as VP of...

at 11:00
W Energy Software, the new leader in upstream and midstream oil & gas ERP solutions, announces the appointment of Scott Bickford as its new Vice President of Software Engineering. Scott will be responsible for leading W Energy Software's engineering...

at 10:55
A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Brown Sugar - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities...

at 10:45
Aggressor Adventures® and Savannah Riverkeeper joined forces Wednesday, September 1 to clean up more than 420 pounds of debris from the Savannah River in honor of National Cleanup Day. Each year from coast to coast, organizations and individuals...

at 10:34
Green Home Solutions, the industry leader in eco-friendly indoor air quality, announced today the signing of four multi-unit agreements throughout three states in the Midwest. In total, these agreements will bring 10 territory units to Illinois,...

at 10:30
Motive Companies, a leading provider of renewable energy and infrastructure solutions, today announced a strategic partnership with Two Roads Professional Resources (Two Roads), a leading provider of technical staffing solutions. This partnership...



News published on 21 july 2021 at 15:11 and distributed by: