And yet ....
.... our government chooses to ignore reality by buying a stranded asset, the Trans Mountain pipeline, whose expansion has been stopped for the time being by a Federal Court of Appeal ruling. The Trudeau Liberals seem stalwart in their intention to soldier on with this project, but perhaps they need to listen to voices outside their own echo chamber for a more realistic assessment of the situation:
Pipeline ruling shockwaves felt across Canada, Aug. 31
Last week, the Federal Court of Appeal told the government what they should have already known about the proposed Trans Mountain pipeline expansion — the National Energy Board vetting process was horribly flawed, and there was inadequate consultation with the Indigenous people who are affected by it.
The proposed pipeline expansion is simply unfathomable. Even without citizen protests, the financial community knows that investment in the oilsands has no future. Bankers are pulling out and current investors are looking simply to recover their existing investments.
Canada has wasted billions in subsidies to oil companies instead of building the infrastructure for a renewable energy industry. Even when the oil industry was viable, Alberta failed to recover the revenues it was entitled to with too low taxes and too low royalties.
Meanwhile, Norway has made its citizens millionaires by nationalizing its oil industry and undertaking development in an environmentally sustainable way. Canada has given its resources away for a song and now has little to show for it. Compounding the mistake by continuing to prop up a failing industry is a crime against future generations.
Canada and its citizens will have to make wrenching adaptations just to survive when the true cost of climate change hits us. I fear for my children and grandchildren.
Our resources should be directed to building renewable energy and transitioning the workers who will be affected. Those currently employed by the fossil fuel industry should not bear the brunt of the transition. They should be supported by all other Canadians through our tax dollars as they are retrained and find new jobs.
I implore the government to end the Trans Mountain pipeline and tanker project now, for the sake of our future generations.
Patricia E. McGrail, Brampton