Early Days, But Smart Money Says Alberta's Pipeline Gets Built
- Dr Strangelove
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Re: Early Days, But Smart Money Says Alberta's Pipeline Gets Built
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
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Re: Early Days, But Smart Money Says Alberta's Pipeline Gets Built
Diversifying Energy Markets: The proposed pipeline aims to transport at least 1 million barrels of oil per day to new markets outside of the United States (0:00 - 0:41).
Government vs. Private Investment: The narrator argues against the idea that private companies could magically build such massive projects independently, citing the historical difficulty of construction through the Rocky Mountains and the competitive necessity of government subsidies and loan guarantees, as seen with Alaska's LNG projects (0:48 - 3:35).
Strategic Infrastructure & Sovereign Wealth: The video speculates that the government may use the newly formed Canada Strong Fund—a $25 billion sovereign wealth fund—to invest in or own this infrastructure (4:42 - 5:35, 7:38 - 8:47).
Economic Perspective: The narrator suggests that long-term utility projects are best handled with a long-term view, proposing that a sovereign wealth fund model could allow Canadians and pension funds to invest in and benefit from these profitable assets, rather than just relying on government debt (8:47 - 12:26).
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 13632
- Joined: Wed May 08, 2024 4:50 pm
Re: Early Days, But Smart Money Says Alberta's Pipeline Gets Built
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 13632
- Joined: Wed May 08, 2024 4:50 pm
Re: Early Days, But Smart Money Says Alberta's Pipeline Gets Built
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 13632
- Joined: Wed May 08, 2024 4:50 pm
Re: Early Days, But Smart Money Says Alberta's Pipeline Gets Built
Binding Deadlines: The deal establishes three firm dates for project milestones: July 1, 2026 (project plan submission), October 1, 2026 (National Interest Declaration), and September 1, 2027 (construction conditions readiness) (1:36-2:03).
Industrial Carbon Pricing: The video clarifies that the carbon pricing mechanism mentioned is for large-scale industrial emitters, not a tax on individual consumers, and frames it as a necessary step for maintaining global market credibility (2:36-3:40).
Indigenous Partnership Model: The pipeline framework prioritizes Indigenous ownership in British Columbia, which the video suggests makes the project more resilient and aligns economic benefits with environmental guardianship (5:33-8:28).
Political Context: The video highlights a contradiction in Danielle Smith's approach, noting that while she accepted the pipeline deal, her government continues to fund the legal infrastructure for an Alberta separation referendum (0:34-0:49, 4:24-5:32).
The analysis suggests that this deal acts as a "trap of competence," removing the argument that Ottawa is ignoring Alberta’s interests and forcing a choice between national partnership and political separatism (2:18-2:35, 9:03-9:17).
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- Dr Strangelove
- Posts: 13632
- Joined: Wed May 08, 2024 4:50 pm
Re: Early Days, But Smart Money Says Alberta's Pipeline Gets Built
It can be dangerous to believe things just because you want them to be true. - Sagan
Cynicism is acceptance
Cynicism is acceptance
- al_keda
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Re: Early Days, But Smart Money Says Alberta's Pipeline Gets Built
Still don't know what it's going to ship and where.
- testerone
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- Joined: Tue Apr 30, 2024 3:42 pm
Re: Early Days, But Smart Money Says Alberta's Pipeline Gets Built
Here he is celebrating a state-owned oil company building a state-owned pipeline.
Isn't that what all the free market "conservatives" are complaining that Carney isn't doing?
While they bitch that he raised the gas prices after cutting them 27c/L ?
Isn't that what all the free market "conservatives" are complaining that Carney isn't doing?
While they bitch that he raised the gas prices after cutting them 27c/L ?