Pipelines, energy and natural resources

[suffolkowner]

I was only answering what you actually said, not speaking to hypotheticals.

If it is in fact ‘known, needed, and profitable’, then the Alberta government, which seems keen to champion this, should have no difficulty finding the needed private sector partners.

It’s unfortunate that bad government policy to this point has prevented more infrastructure from going in, and the reticence of industry to jump at it is understandable. For the feds to make decisions on a project, however, there will have to actually be a project to decide on. I’d be happy to see either private industry, or a public-private partnership bring one to the table.

if the federal government can buy/build a pipeline then maybe Alberta can too?

There are I think expansion efforts to TM that can be done short of building another pipeline.

 

[brihard]

Monorail!

(If it's a $100B government-sponsored project, it's going to be ugly.)

I hear those things are awfully loud.

 

[Kirkhill]

Boris Johnson: I went too far, too fast on net zero

Former prime minister believes he got ‘carried away’ by the idea of renewable energy sources

www.telegraph.co.uk

Boris - I went too far too fast. He let his enthusiasms get the better of him.

Hammond - friend of Carney - It wasn't me. It wasn't me.

"I gave this figure in parliament.....the Treasury estimated between 1 and 2 Trillion pounds as the net cost to the UK economy of delivering net zero by 2050.

"That's one or two Trillion pounds we could have invested in other productive activity, but have chosen to invest in decarbonisation."

(Decarbonisation as in the Carbon Capture projects being set as a pre-condition to a BC pipeline).

Blair - called for a rethink of net zero which is doomed to fail in its current form.

.....

Ralph Klein's parade: he said to lead is to find a parade and get out in front of it. This parade is ignoring the people at the front and they fear being trampled.

Their solution? Postpone.

They weren't wrong, just over eager. They are now talking about pushing net zero as a target back beyond 2070 and work with the "natural" decommissioning and replacement of plants as they wear out.

At that point the market will continue its ancient pursuit of efficiencies in the cause of making money.

....

Carney's budget is going to be interesting.