The engines were at full power (or commanded full power) right before impact. The pilot announced a go-around 1.5 seconds before impact.
I haven't seen the video. How long before the impact was there spray from the water?
Also, the pilot saying he's going around 1.5 second before means the tail probably wasn't dragging in the water until after that, if at all. I think dragging is the wrong term to use here anyways(correcting myself). Dragging implies something different than impact.
edit: just watched the video..certainly did look like dragging. But supposedly the engines were at full power too. The truth is, I don't know.

I would think the physics of dragging the tail in water would have brought the nose of the airplane down, and maybe that's actually why it wouldn't climb. ??
edit:edit: After turning the volume down of the guy yelling OH MY GOD, and watching it a few more times, it's very plausible that the tail was in the water. Pretty perfect seaplane landing, minus the seaplane. The nose of the airplane immediately drops just after the spray appears which can mean it was being dragged. Also, the reported 90 knot speed..does anyone know if that was at impact or if that was the approach speed?