Tuesday, May 29, 2018

Now It's Time for Trudeau to Come Clean - At Last.



Since the Trudeau government decided to throw $4.5-billion to take Kinder Morgan off the hook on the Trans Mountain pipeline, it's time we got to see the books.

Let's start with the order books. Kinder Morgan said two-thirds of the expanded pipeline capacity was already sold. Show us the books. Let's see who has actually signed up for that capacity. This is a 30-year investment so there better be a lot of really long term contracts, 15 to 20 year deals.

C'mon Junior, show us the money. Then, when you're done that, show us this supposed "world class" clean up programme you've got in place. Every detail. Let's see what you're doing to us.

Then you can show us what you're going to do with all that revenue this pipeline will be generating, the profit. You've already linked this pipeline to Canada's path to a green future. The only way that can happen is if these legendary profits are earmarked for advancing that green future, i.e. not just tossed in the federal treasury that's already neck deep in deficit.

It's time to come clean, Justin. And that's long overdue.

8 comments:

Hugh said...

http://vancouversun.com/opinion/op-ed/ben-parfitt-british-columbians-shortchanged-billions-from-fossil-fuel-industry-revenues#link_time=1527469546

Deacon Jester said...

https://ottawa.craigslist.ca/hvo/d/for-sale-stalled-and/6601355647.html

The Mound of Sound said...


This seems to be the way of politics today, Hugh.Trudeau now continues so many of Harper's worst policies. They're close enough that Liberal and Conservative are often indistinguishable. The NDP - whether in Alberta or BC - are remarkably akin to their predecessors.

Horgan went green in the last election to bleed votes from the Green Party but, like Trudeau, it was all a sham. To the extent Horgan is green at all, it's because Andrew Weaver has a knife to his throat.

The Mound of Sound said...


Deacon, that was so great I set the link up as a separate post. Thanks.

Anonymous said...

Lost in the fog of taxes, ageism, generational warfare, eat-the-rich, house lust and moister-bashing and the oil crisis, is the reality of debt. If we should all worry about one thing (other than drowning polar bears and who the hell mows Kim Jung Un’s hair) it would be this. Debt accumulation has the potential to wreck families and governments. And once again we (the less affluent) foot another tax grab from our pensions no less which should never be touched, to pay off the already rich. Yet, nobody cares. Anyong.

Owen Gray said...

I've tried to be optimistic. It's getting harder and harder.

JasonS said...

And they can start to build the minute after they meet all 190 + conditions. Trudeau just lost the next election , no one in BC and if Quebec has been paying attention at all im sure he will lose a lot of support there too. I'm glad i didn't vote for him even though i have voted Liberal federally more often than not. I just didn't trust him and i was so very right. He's about as environmentally friendly and the Koch brothers or Scott Pruitt. And hes just a little more honest than Trump. Just a little.

Hugh said...

BC natural gas development, LNG and the KM expansion all would require lots of electricity, which would come from the $10+ billion, agricultural land-flooding Site C project. Insane.