Quote:
Originally Posted by Bunk
I thought the federal government approved TransMountain. Was it because it wasn't litigation proof or something that Kinder Morgan wanted to take the risk itself? Would that have required being declared "of national importance" or something?
I'm asking what actual tactics are needed to get out of the quandary. I agree market access is an important issue. Current tactics of being mad at opponents and calling them stupid and not getting it, while psychologically satisfying, hasn't worked. So, what do you actually do?
|
they asked the government for assurances on being able to build it, the Government ragged the puck and wouldn't give a straight answer, the Kinder decided to stop throwing money at it and walk away and invest their cash elsewhere.
In terms of the whole shut down Oil in Canada argument. The Oil industry isn't dying not yet, there's still a heavy requirement for it. Its still also a essential part of manufacturing technology and cars etc.
What do we think is going to happen if we poop can our industry through indecision or indifference, that the other world producers are going to go Canada is so swell, we're going to follow our lead? Or are they going to laugh at us and up their exports, and that includes the States. the market share won't diminish it will just go to Russia, and Saudi Arabia and the States and Norway for example.
And its not like the Green Energy Companies are going to make up that gap, they are all clamering for heavy government subsidies.
And where are we going to get the money to build these solar farms and windmills and electrication of the grid for cars that's going to cost trillions. Is it just going to be the government writing checks against the debt? At least with Oil and Gas which we're cleaner then Arabia and Russia and the states for example can pay for that infrastructure like it helped pay for equalization.
This whole the Oil industry is dying, not true, this whole renewables can easily replace it, not yet and not without major investment.
We're being dumb on this, we have a resources in demand and we are the only nation in the world that feels shame about exploiting it.