<![CDATA[Wow, @thenarwhal 's framing here is]]>RE: https://mstdn.ca/@thenarwhal/116892280647989537

Wow, @thenarwhal 's framing here is

If [pipelines a]re such an economic boon, why are taxpayers footing the bill?

Why indeed?

Why are Canadians paying to subsidize exports?

If the world market can't afford to pay for fossil fuels, why should we cover the cost?

https://thenarwhal.ca/three-pipeline-announcements-2026/?utm_source=mastodon&utm_campaign=grassroots

]]>https://forum.fedi.dk/topic/3cbeb1a3-8009-4e14-8fce-06f7ffaa4b88/wow-@thenarwhal-s-framing-here-isRSS for NodeMon, 13 Jul 2026 03:20:31 GMTFri, 10 Jul 2026 17:57:24 GMT60<![CDATA[Reply to Wow, @thenarwhal 's framing here is on Fri, 10 Jul 2026 21:52:15 GMT]]>@pinhman you are full of strong links today!

]]>https://forum.fedi.dk/post/https://zeroes.ca/users/datum/statuses/116897895932967764https://forum.fedi.dk/post/https://zeroes.ca/users/datum/statuses/116897895932967764Fri, 10 Jul 2026 21:52:15 GMT<![CDATA[Reply to Wow, @thenarwhal 's framing here is on Fri, 10 Jul 2026 21:37:25 GMT]]>@datum Canada’s banks could pay off the TMX in two years …

https://www.bnnbloomberg.ca/markets/currencies/2026/02/27/big-six-banks-exceed-expectations-hit-19-billion-in-q1-profit/

]]>https://forum.fedi.dk/post/https://humanwords.party/ap/users/116343620541237842/statuses/116897837584200367https://forum.fedi.dk/post/https://humanwords.party/ap/users/116343620541237842/statuses/116897837584200367Fri, 10 Jul 2026 21:37:25 GMT<![CDATA[Reply to Wow, @thenarwhal 's framing here is on Fri, 10 Jul 2026 20:41:46 GMT]]>@datum Canadian should demand the 1st pipeline’s $30B debt be paid off before another pipeline is publicly financed.

The pipelines benefit foreign investors, and an ever declining # of Canadian workers.

Or is it the banks in their now risky oil investments our politicians want to support?

https://www.canadian-accountant.com/content/thought-leaders/trans-mountain-pipeline-expansion-taxpayers

https://influencemap.org/briefing/Canada-s-Big-Five-Banks-Fueling-Fossil-Risk-33753

]]>https://forum.fedi.dk/post/https://humanwords.party/ap/users/116343620541237842/statuses/116897618786883792https://forum.fedi.dk/post/https://humanwords.party/ap/users/116343620541237842/statuses/116897618786883792Fri, 10 Jul 2026 20:41:46 GMT<![CDATA[Reply to Wow, @thenarwhal 's framing here is on Fri, 10 Jul 2026 18:16:54 GMT]]>@datum yep. And the most recent pipeline is non-economic. Even when the federal govt. took on the $40B financing risk, when it came to set the usage tariffs, they were set far below what is necessary to pay back the $40B over 50 years. So Canadians pay to extract the oil at a loss, pay to export it at a loss, and yet when it comes to us buying fossil fuels...we pay "full global market price".

]]>https://forum.fedi.dk/post/https://cosocial.ca/users/johnefrancis/statuses/116897049097559238https://forum.fedi.dk/post/https://cosocial.ca/users/johnefrancis/statuses/116897049097559238Fri, 10 Jul 2026 18:16:54 GMT<![CDATA[Reply to Wow, @thenarwhal 's framing here is on Fri, 10 Jul 2026 18:15:20 GMT]]>The whole article https://thenarwhal.ca/three-pipeline-announcements-2026/?utm_source=mastodon&utm_campaign=grassroots is extraordinary by the way, worth reading for people with any political ideology. The interviewee makes a lot of strong statements!

]]>https://forum.fedi.dk/post/https://zeroes.ca/users/datum/statuses/116897042949720170https://forum.fedi.dk/post/https://zeroes.ca/users/datum/statuses/116897042949720170Fri, 10 Jul 2026 18:15:20 GMT<![CDATA[Reply to Wow, @thenarwhal 's framing here is on Fri, 10 Jul 2026 18:05:48 GMT]]>@johnefrancis a big part of the article is how

This is not economic for the industry, so this will be taxpayer-funded. And there’s no certainty about demand for this hypothetical oil that the industry does not seem willing to produce, although Smith has alluded to doing whatever she can to stimulate further oilsands production with additional provincial support

in other words, even at current prices, this project's national economic impact is negative, no matter who pays; the actual projects completions are unlikely without heavily publicly subsidized greenfield expansion, which is the scenario with the greatest losses and harms done.

]]>https://forum.fedi.dk/post/https://zeroes.ca/users/datum/statuses/116897005447523637https://forum.fedi.dk/post/https://zeroes.ca/users/datum/statuses/116897005447523637Fri, 10 Jul 2026 18:05:48 GMT<![CDATA[Reply to Wow, @thenarwhal 's framing here is on Fri, 10 Jul 2026 18:03:09 GMT]]>@datum @thenarwhal it needs subsidies because no investor wants to take 30y bet on an industry that's already collapsing.

The global price managed to collapse while the worlds largest producers in Russia and the middle east are unable to ship. What's the price going to do when Russia, Venezuela, and the entire middle east are shipping? It will be $30/bbl, and AB oil will return to its normal non-viability.

]]>https://forum.fedi.dk/post/https://cosocial.ca/users/johnefrancis/statuses/116896995035939968https://forum.fedi.dk/post/https://cosocial.ca/users/johnefrancis/statuses/116896995035939968Fri, 10 Jul 2026 18:03:09 GMT