+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 42
Latest: eranda
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 9515
Total Topics: 234
Most Online Today: 1
Most Online Ever: 52
(November 29, 2017, 04:04:44 am)
Users Online
Members: 0
Guests: 1
Total: 1

Author Topic: Fossil Fuels: Degraded Democracy and Profit Over Planet Pollution  (Read 11038 times)

0 Members and 0 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 9320
  • Location: Colchester, Vermont
    • View Profile
    • Agelbert Truth AND Consequences
Canada’s Prime Minister 🐒: We’ll Offer Aid To Ensure That Kinder Morgan 🦕 Trans Mountain Oil Pipeline Expansion Gets Built

April 16th, 2018 by James Ayre

The Kinder Morgan Canada Trans Mountain oil pipeline expansion project will go ahead even if the federal government has to offer financial aid, despite strong resistance from the government of British Columbia and activists there, according to Canadian Prime Minister Justin Trudeau.

The comments follow comments from Kinder Morgan Canada execs that the firm may end up walking away from the project if greater clarity isn’t provided about the legal path forward — that being a reference to efforts by the government of the province of British Columbia to block the C$7.4 billion project on environmental grounds.

To explain that a bit more, the idea of the Trans Mountain oil pipeline expansion project is to increase the capacity of the pipeline in question (3 times over), and thereby improve its selling position. As it stands, Canada is mostly dependent upon the USA as an oil buyer because of a lack of pipeline capacity to the Pacific coast — and thus sells much of its crude oil at a discount as compared to the benchmark CLc1. (Much of Canada’s oil is extracted in the inland province of Alberta.)

“Construction will go ahead,” stated Trudeau. “I have instructed the minister of finance to initiate formal financial discussions with Kinder Morgan, the result of which will be to remove the uncertainty overhanging the Trans Mountain pipeline expansion project.”

He then referred to the pipeline expansion as “a vital strategic interest to Canada.”

Trudeau also obliquely referenced earlier talk of the federal government taking a stake in the expansion project (in order to support it), by noting that “we are actively pursuing legislative options that will assert and reinforce the government of Canada’s jurisdiction in this matter.”

The above comments were made to reporters following an emergency summit with the premiers of Alberta and British Columbia that Trudeau took part in.

So, why is the Canadian government now seemingly pursuing what could be considered to be a “bailout” for an oil giant? Reportedly due to: worries that already declining foreign investment levels could fall even further if the expansion project doesn’t go through, and strong pressure from the connected business community.

Informally, I’ll also speculate here that officials representing China have told Canada’s federal government to make sure that the expansion happens. Obviously, I can’t prove such speculation, but “foreign investment” when it comes to Canada largely refers to China, and how much autonomy does Canada even have at this point?

The reality is that Canada is pretty much dependent on foreign investment and on its oil industry for the maintenance of its current way of life. Without both, the country is facing a steep decline in its average standard of living.

Reuters provides a bit more on the immediate situation: “Although Trudeau’s Liberal government could invoke emergency powers to ensure the project goes ahead, that would most likely anger voters in British Columbia and cost the Liberals support in a federal election in October 2019.

“Alberta Premier Rachel Notley, who also attended the talks in Ottawa, said she was convinced the expansion would be built if the financial assistance deal could be worked out. … British Columbia Premier John Horgan said after the meeting he had not changed his position that the risks of a spill from the pipeline were too great.

“Horgan wants Ottawa to refer the matter to the Supreme Court but the Liberals are not interested, saying it is already clear the federal government has jurisdiction over the project. Horgan also said he would ask the courts in British Columbia to make clear how much powers the province had to protect the provincial environment. Federal officials complain this is a time-wasting tactic.”

On that note, some 200+ protestors have been arrested by police at Trans Mountain facilities in British Columbia over the last few months, despite official opposition to the expansion project. That, taken together with the current stalemate between the provincial government and the federal one, brings to clear contrast just how large the cultural differences are between the west and east coasts of Canada.

As a reminder here, atmospheric greenhouse gas concentrations are continuing to rise at a rapid clip — due to the fact that fossil fuel usage remains right around all-time highs. If anthropogenic climate weirding and warming is to be limited to any real degree, then oil use will have to fall drastically within just the next few years.



https://cleantechnica.com/2018/04/16/canadas-prime-minister-well-offer-aid-to-ensure-that-kinder-morgan-trans-mountain-oil-pipeline-expansion-gets-built/

Agelbert COMMMENT:
Kinder Morgan is being welfare queened by the Trudeau fossil fuel industry puppet.  👎👎👎

This is the corrupt legacy of fossil fuel profit over planet for the last century. 

The Catastrophic climate change bill is coming due. We will all pay for the suicidal fossil fuel welfare queening stupidiity.



Quote
eveee  > Agelbert • 10 minutes ago

This needs to be stopped. Protest now. Really. When else? After? You'll be waiting the rest of your life. Its now or never.

Fossil Fuel Welfare Queening Stupidity.
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

 

Related Topics

  Subject / Started by Replies Last post
212 Replies
8620 Views
Last post May 21, 2018, 09:56:35 pm
by AGelbert
Pollution

Started by AGelbert « 1 2 ... 46 47 » Climate Change

701 Replies
12124 Views
Last post May 16, 2018, 05:50:13 pm
by AGelbert
1 Replies
320 Views
Last post March 26, 2018, 02:42:00 pm
by AGelbert
1 Replies
544 Views
Last post May 20, 2014, 06:34:43 pm
by AGelbert
19 Replies
1303 Views
Last post September 04, 2015, 06:43:04 pm
by AGelbert

+-Recent Topics

Fossil Fuel Propaganda Modus Operandi by AGelbert
May 21, 2018, 09:56:35 pm

Mechanisms of Prejudice: Hidden and Not Hidden by AGelbert
May 21, 2018, 07:31:22 pm

Corruption in Government by AGelbert
May 21, 2018, 06:34:48 pm

Money by AGelbert
May 21, 2018, 05:54:43 pm

Non-routine News by AGelbert
May 21, 2018, 02:53:40 pm

Global Warming is WITH US by AGelbert
May 20, 2018, 10:02:03 pm

End Times according to the Judeo Christian Bible by AGelbert
May 20, 2018, 07:08:42 pm

Genocide by AGelbert
May 19, 2018, 08:21:29 pm

War Provocations and Peace Actions by AGelbert
May 19, 2018, 08:02:09 pm

Sustainable Farming by AGelbert
May 19, 2018, 07:29:35 pm

Free Web Hit Counter By CSS HTML Tutorial