Notley’s NDP has been caught lying about the power purchase agreements. They’re lying about what they knew and when they knew it.
The power purchase agreements (PPAs) are contracts between the government and Alberta’s energy retailers who buy power from the balancing pool and then sell it to the public.
PPAs have a clause that says if the government, through legislation or by some other policy renders the contracts “unprofitable or more unprofitable”, companies are able to cancel their contracts. The NDP call this a secret Enron clause to scare us, but the truth is the clause is standard - it was neither secret nor Enron related.
The NDP made the contracts with Alberta’s energy retailers “unprofitable or more unprofitable” when they introduced the Carbon Tax and their Climate Leadership Plan. And now government ineptocrats want to sue themselves to change the contracts with power companies retroactively.
In the end, all these cancelled contracts could cost Alberta taxpayers over $2 billion.
Deputy Premier Sarah Hoffman has been saying all along that the NDP only just found out about the Enron profitability clause in March of 2016. The government even makes that claim in their lawsuit.
“The existence of the August 2000 Letter -that's the letter detailing the Enron clause- was not communicated to the ministers, by officials of the Government of Alberta or otherwise, until senior government officials first learned of its existence in a mid-March 2016 meeting with the Chief Executive Officer of the Balancing pool”
But is that true? Did the NDP really only just learn about the “Enron” clause mid March? Absolutely not.
Watch my video to see the damning proof the NDP misled the public.
This is how the NDP operate. They screw up and will then lie to cover it up. It looks like they’re lying in sworn court documents.
They’re lying to the public about what they knew and when they knew it. They’re liars. And now they’re caught.
I hope the public is paying attention because we can be sure power company lawyers are.