tag:blogger.com,1999:blog-32931256.post8946184362766308191..comments2024-03-22T05:20:44.167-07:00Comments on The Disaffected Lib: Morneau's Right, They've Already Listed the Pipeline for SaleThe Mound of Soundhttp://www.blogger.com/profile/09023839743772372922noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-32931256.post-52871400021933427282018-05-30T05:48:44.898-07:002018-05-30T05:48:44.898-07:00.. After all these years, I must be asleep at the ..... After all these years, I must be asleep at the wheel ..<br />I must have missed the excellent consequentials of extirpating species<br />by destroying habitats .. you know.. the boreal forests<br />The inland waters must bear the cost..<br />not just of tar sands lakes (not ponds) & toxins<br />So lets just accept the Caribou are toast & related food chains<br /><br />Off we go gaily via heated pipelines with the 'wealth'<br />To Vancouver we shall go to supertankers half full heavenly<br />and off thrashing the Salish Sea nailing all sorts of habitat/species<br /><br />Goodby wild salmon, orca<br />and never a worry, we have 'world class' dilbit recovery<br /><br />Sure sure.. we've had problems in the past just with diesel fuel recovery<br />from small tugs on the rocks<br />but dilbit for Asia or Washington State we have it covered<br />and this is for 'The Economy' dontcha know !<br />It must be grown..<br /><br />This is the pathway for fracking of gas n oil to follow<br />To Asia or some ally it shall go<br />zillions of high paying jobs at stake<br />most for temporary foreign workers<br /><br />calloo callay<br />these are exciting times for species extirpation<br />abandoned wells leaking methane<br />and supertankers providing 'Energy Security For Canadians' the salamanderhttps://www.blogger.com/profile/06853337802990122289noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-13273696600506970942018-05-29T19:08:57.456-07:002018-05-29T19:08:57.456-07:00Quote:
"And the bill for taxpayers won’t be ...Quote:<br /><br />"And the bill for taxpayers won’t be $4.5 billion as Morneau claims, but much closer to $20 billion, says economist Robyn Allan.<br /><br />Let’s parse the fantastic numbers, because they will affect all of us. <br /><br />The $4.5-billion purchase price only buys a leaking 65-year-old pipeline, an aging tanker farm not built to withstand earthquakes, and a port facility as well as engineering plans and permits for the twinning of a high-risk expansion project. <br /><br />In 2007, Kinder Morgan reported to the National Energy Board that it valued the Trans Mountain pipeline system at $550 million. <br /><br />Let’s repeat that fact: the federal government will pay $4.5 billion for an old and compromised tanker and pipeline system that the company valued at $550 million in 2007.<br /><br />“The federal government have overpaid for an aging asset that has huge integrity problems. Every year they have to spend more on maintenance to keep it running,” added Allan.<br /><br />Next, taxpayers are on the hook for the cost of twinning the project — an estimated $7.4 billion and climbing."<br /><br />https://thetyee.ca/Opinion/2018/05/29/Canada-Dirty-Pipeline-Bailout/<br /><br /><br /><br />Hughnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-50238180220483682018-05-29T19:03:06.251-07:002018-05-29T19:03:06.251-07:00Quote:
"Taxpayers will foot the $4.5 billion...Quote:<br /><br />"Taxpayers will foot the $4.5 billion purchase price. That sum doesn't include what could be billions of dollars in construction costs, or the costs of cleaning up a spill — although Morneau said Alberta's government will share the cost of any unexpected or emergency cost overruns."<br /><br />http://www.cbc.ca/news/politics/pipeline-morneau-nationalize-1.4682199<br /><br />Hughnoreply@blogger.com