Robyn Allan laughs after a nonstop hour during which the economist has elaborated on a previous hour-long conversation explaining why the Trans Mountain Expansion Project should be stopped in its tracks.
NDP Leader Jagmeet Singh is calling on the government to take the money it was planning to use to compensate Kinder Morgan investors in the proposed Trans Mountain pipeline expansion and instead invest in clean energy jobs.
Last week Finance Minister Bill Morneau said the government is willing to “provide indemnity” to any investors if “unnecessary delays” cause costs to rise.
“What we should be doing instead is using that fossil fuel subsidy, using the proposed money … to invest in clean energy jobs for today and the future,” said Singh Tuesday.
The Trudeau federal government has made itself a pathetic hostage to a Texas-based pipeline company known for its cheapness and debt.
The economic sleeziness of the drama, which should upset most Canadians, has been largely ignored by the financial mainstream press.
But here’s the rub: Kinder Morgan doesn’t have the money it needs to twin a high-risk $7.4 billion pipeline, and has been looking for a way out for some time.
'We are going to not allow Kinder Morgan to finish this pipeline,' says protester
More than 200 kilometres south of where the Kinder Morgan Trans Mountain pipeline expansion is slated to end, environmental groups in the U.S. took to the water in Seattle on Sunday to add their voices to ongoing opposition to the project.
While the roughly 1,200-kilometre pipeline won't cross into the U.S., protesters are concerned about an increase in oil tanker traffic, which would depart from the terminal in Burnaby, B.C., and navigate across the Salish Sea.
Shareholders at Kinder Morgan’s annual general meeting passed resolutions compelling the company to account for the risk that climate change poses to its business.
Hydro’s incentive program that pays home solar producers for electricity beyond what they need themselves is the cutting edge of climate collapse amelioration. These rebates have been available for 14 years; Hydro has 1,330 customers; 95% of them installed solar. Hydro will apply to the BC Utilities Commission to end the part of the program that allows production beyond the owner’s need. It will continue for those already on that track, but would be unavailable for new applicants.
Prime Minister Justin Trudeau’s government engaged in “gamesmanship,” acted in “bad faith,” and then “sought to suppress the evidence” of its actions in order to approve a major west coast pipeline in 2016, says newly-released court documents obtained by National Observer.
