Canada’s oil and pipeline controversy in a line

2019-06-15

in Canada, Economics, Politics, The environment

In an article called “Oilpatch in open rebellion as Ottawa ignores industry’s input on Bill C-69” Chris Varcoe notes:

The uproar over the bill came as CAPP released its annual outlook, forecasting oil production will grow by a tepid 1.4 per cent annually — less than half the pace anticipated five years ago — by 2035 with total output reaching almost 5.9 million barrels per day.

This is unhappy news for pro-oil advocates because Canada’s oil production is growing more slowly, and it is bad news for climate advocates because it is continuing to grow at a time when we desperately need it to shrink.

Phasing out an industry is never easy, but it’s necessary here. The alternative of unconstrained climate change is awful to contemplate, and would be a grave injustice to all those who will come after us and to non-human nature. If we want the world as a whole to dismantle the suicide pact which we have established through ever-rising fossil fuel production and use, countries like Canada cannot continue to hope to enlarge their fossil fuel industries. We have already taken way more than our fair share, and neither Canada nor any province in it has the right to demand any more.

{ 1 comment… read it below or add one }

. June 15, 2019 at 9:07 pm

“Trevor Tombe, an associate economics professor at the University of Calgary, said it’s true that Alberta bitumen is more difficult to refine but that’s reflected in the cheaper price.

Producers in Alberta are confident there will be demand and have made contractual commitments to ship through the expanded pipeline, he said. Further, he said all forecasts, including the National Energy Board’s assessment, predict increased oil production in the province.

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