Look him up.

As an international economist, having travelled the world for so many years, I consider the proposal very appropriate for a new Ian Fleming, James Bond film.

Title: ‘A GASP TOO FAR’.

Good point.

They said the proposal is “doable.” Maybe they meant “double” and it was just another misprint?

I thought about basically the same thing when I heard him – but I don’t have a clue how it works in practice when it comes to production costs vs supply price.

Moreover, the contractor will have to cover the cost of the capital outlay, the interest paid on such capital (to built the new Power House) and add its share of profit – so how can one decide for an unknown supplier/contractor what would be the final cost?

There are so many variables that the final ‘cost’ propably would be risky and hence not worth venturing.

If the same quality of residential buildings is kept, whoever wins the election can automatically build another three power stations to keep up with energy loss that has become standard with building developers.

If any of the parties really develop a long term energy policy, the first to get a close look at the guillotine would be the building developers whereby the construction methods and expenses would increase but having to keep the present or lower house prices.

So MDA have really no idea where they are coming from or going to.

Now whether they like it or not they will come to some sour end and this does not depend on the local government but is the long term action plan of many instituted and future Directives.

I’ve learned not to look forward to that sort of thing, because it’ll never happen. Your post is more than we can ever expect from any Maltese economist or engineer.

Actually its: ABELA Fitzpatrick.

Even for James Debono, the illustrious analyst of MT,

“It also offers what seems to be a win-win situation: conversion to a more environmentally friendly gas with €300 million expenditure forked out by a private company, ensuring that the burden will not fall on taxpayers. Surely this fits perfectly with Labour’s “no pain, all gain” narrative.”

Incredible.

So presumably, had James Debono the inclination to “tender” for Labour’s enticing offer of providing Enemalta with its cheap energy needs, he would invest €300M to build a power station, and when he comes to working out the energy unit price that he’d be charging Enemalta, he’d only factor in operating costs and a little profit on the side, and FORGET about the €300M and any interest on loans, presumably thinking that at the end of his supply contract, his power station would be worth €300M + interest, perhaps even more, and he’d have buyers queuing up.

All this to ensure that he’d be carrying the burden instead of the taxpayers, and to give the government a win-win situation to fit perfectly with the government’s no pain all gain narrative, no doubt.