KEYSTONE PIPELINE
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@loki said in KEYSTONE PIPELINE:
If the oil goes to China instead what have we won from a climate change point of view and what have we lost geo- politically.
Nothing either way. It's not about climate change or geo-politics. Rather, it's about the market. Right now and in the foreseeable future KXL expansion does not make good business sense. That might change, but I doubt it very much.
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@renauda said in KEYSTONE PIPELINE:
@loki said in KEYSTONE PIPELINE:
If the oil goes to China instead what have we won from a climate change point of view and what have we lost geo- politically.
Nothing either way. It's not about climate change or geo-politics. Rather, it's about the market. Right now and in the foreseeable future KXL expansion does not make good business sense. That might change, but I doubt it very much.
Got it... do you think Trudeau asked Biden to buy some or all of the resulting 1.1b of now scrap materials? Trudeau expressed disappointment and I wonder what that meant in their convo.
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No. Trudeau expressed disappointment because of the support Canada had given to Alberta's position in support of KXL. Overall though, Canada was quite content with the fact Obama had quashed the project in 2015. As a country we have many more important issues with the US, KXL is not a hill to die on.
As well, it's not up to Trudeau to ask Biden to buy anything. The only one left holding the bag on this is Jason Kenney, Premier of Alberta. He was the one who, against sound advice from his own advisors, dumped $1.6 billion into TCPL and provided another $5+ billion in loan guarantees last spring. Read my posts and links in the other thread that George posted - you'll get the picture .
For most Canadians this is not an issue. Only here in Alberta is it an issue because our provincial government bet on the wrong horse in the US election.
Whose fault is that? Biden's - no. Trudeau's - no. Jason Kenney's - you bet it is. His fault alone. Arrogant little weasel.
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What the AB gov't is not saying:
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Local op-ed from last week on the Jason Kenney show:
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Thanks for the links, Renauda.
Seems like quite a mess, and Kenney is getting his comeuppance.
So, what happens to the miles of pipeline that have been built, and all the support buildings etc.?
I don't get it. How could a project such as Keystone be based upon the whims of the two parties in the U.S.? On-again off-again easy to predict, just depends on which pary owns the executive branch.
I can certainly see how Albertians are pissed, Kenney must have bet on a second term of Trump. -
As my Member of Parliament, Edmonton-Strathcona NDP Heather McPherson, said today in the House of Commons in Ottawa:
"Biden's decision should have come as no surprise....Remember when Jason Kenney gambled on Donald Trump. He didn't gamble his money — he gambled ours … that was his plan to get jobs for workers in my province,...Now, he wants to start a trade war with the U.S., the customer for 95 per cent of our energy exports."
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https://www.washingtonpost.com/climate-environment/2021/06/09/keystone-pipeline-dead/
“[TC Energy Corporation] The firm behind the construction of the Keystone XL pipeline officially terminated the project on Wednesday …”
