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Kevin 🇨🇦's avatar

Good commentary. I think the political climate (pun intended) is right for the Carny government to extract some concessions from the oil and gas industry on its carbon capture policy in order to finally get an new oil pipeline to the west coast built. I know a lot of people are against any more oil and gas development in Canada given global warming and climate issues, however the ill-advised war in Iran and the economic fallout from the resultant higher energy prices highlights that the world economy still needs oil and gas for the foreseeable future. So a new oil pipeline to the west coast will make Alberta happy (and put to rest the potential separatist movement) and the Government will secure the carbon capture concessions that should appease the climate activists. Seems to me that more, but cleaner, oil and gas production would be a win-win for Canada. After all, more people working and paying taxes, plus oil and gas companies also paying more tax is good for Canada.

Fred Ferguson (GeezerWise)'s avatar

Good take Kevin.

Feels like this only works if both sides get something...

market access for Alberta, cleaner production for Ottawa.

We may be heading toward a compromise nobody loves but everybody tolerates.

Gay Stringer's avatar

Love your refusing to build quote - describes NZ perfectly.

Fred Ferguson (GeezerWise)'s avatar

Thank you Gay.

Funny how countries on opposite sides of the world can end up telling the same story.

Patsy Rideout's avatar

This: "pocket lint." LOL Great description Fred!!! Well, I think the pipelines had to happen sooner or later. Sooner, rather than later, prevents the Traitor from just passing it over to her President of the orange ball, & isn't it cute that she wants to be called President bleeekkkk, if she succeeds in separation from Canada, then the USA owns Canadas freakin oil!!! Grrrrr Carney is an intelligent man, he will make sure Canada's stamp is on it, whether the separation takes place or not.

Somewhere in Australia's avatar

Applies to my country, Australia, as well. Sadly, once we let the government start building again, which happened a few years ago here, it got totally politicised. We are currently building a multi billion $ train line that literally now goes nowhere (they just cancelled the second half - the bit that made it useful…), and the Snowy 2.0 hydro power project that was “shovel ready” and supposedly taking 2 years. That was 7 years ago, it's still years from completion and costing 20-30 TIMES AS MUCH as originally claimed. Unlike private enterprise, that would have walked away, the government just reaches into the taxpayer piggy bank. And then we can’t have nice things as there's “no money”.

Fred Ferguson (GeezerWise)'s avatar

“Fair point... and honestly, that’s the risk side of the equation.

Governments can build nation-sized things…

but they can also turn them into bottomless pits if politics takes over.

The trick is building competently, not just building.”