The city of Port Moody issued an announcement yesterday that it has signed a "non-binding letter of intent" with Plasco Energy Group to build a waste-to-energy gasification plant on city-owned land on the Barnet Highway.
This is great news for the city of Ottawa.
They signed a similar deal with Plasco last month ~ but they got a special clause in their agreement. According to the Ottawa Citizen newspaper: "Because [Ottawa] was a partner in testing the technology, it will get royalties of up to $3.5 million a year after Plasco plants have been sold to other countries and cities and are operating."
Both cities claim they have nothing to lose, since Plasco takes on all the risk and the costs. All the cities have to do is pay the tipping fee to drop off their garbage.
This could cause problems for Port Moody.
The proposed Port Moody gasification plant would process 150,000 tonnes of waste each year. This is likely more waste than is generated by the good citizens of Port Moody, and Mayor Trasolini will have to go out and rope in other cities to make up the shortfall.
The Mayor has charged the Port Moody Environmental Protection Committee to go out and sell the project to the public this summer. Instead, will they be lighting a fire that will burn the Mayor in the fall civic elections?