Who Really Benefits from Pipelines like Kinder Morgan Trans Mountain, Anyways?
“Oil to tidewater.”
It’s an industry mantra happily adopted by politicians — and even some environmentalists. But ask yourself this: what happens when you pump more product into an oversupplied market? Answer: the price goes down.
Who benefits from cheaper crude oil? First, the customers — like China’s state-run heavy oil refineries. And later, competitors with lower overhead, like Saudi Arabia. Read more.
BC Hydro Suing Opponents of Site C Dam in SLAPP-style Suit, Legal Experts Say
Nothing remains at the Rocky Mountain Fort site where Peace Valley farmers and First Nations camped for 60 days in the hopes of stopping clear-cut logging for the Site C dam. The camp was dismantled in March and the old-growth spruce and cottonwood forest was logged, as BC Hydro prepares to convert the Class 1 heritage site into a Site C waste rock dump.
But one notable thing still stands: the civil lawsuit BC Hydro filed in January against five campers and a supporter, a suit the B.C. Civil Liberties Association describes as a matter “of grave concern.”
The 13-page lawsuit accuses six Peace Valley residents of conspiracy, intimidation, trespass, creating a public and a private nuisance, and “intentional interference with economic relations by unlawful means.” Read more.
Lone Pine, Company Suing Canada Over Quebec's Fracking Ban, Aggressively Lobbying in Ottawa
In April and May alone, Lone Pine Resources Inc. — the oil and gas company that’s currently suing the government of Canada for $118.9 million in alleged damages — lobbied 11 MPs, a policy advisor for the Prime Minister’s Office and the chief of staff for Natural Resources Canada.
The sole subject matter listed for the lobbying efforts was: “Claim against the Government of Canada under the North American Free Trade Agreement (NAFTA) by Lone Pine Resources Inc.”
The company is actively claiming damages for Quebec's 2011 decision to revoke oil and gas exploration licenses located beneath the St. Lawrence River that were granted to its subsidiary, Lone Pine Resources Canada Ltd., via a “farmout agreement” with Junex Inc. Read more.
Site C Not Subject to 'Rigorous Scrutiny,' Fails First Nations, Royal Society of Canada Warns Trudeau
Top-level scientists and academics from across Canada are calling on the federal government to put the brakes on construction of the Site C dam and, in an unusual move, the call is being supported by the Royal Society of Canada.
A stinging criticism of the assessment process, lack of consideration for First Nations concerns and the B.C. government’s decision to start construction despite ongoing court cases, was released at an Ottawa news conference Tuesday with a letter to Prime Minister Justin Trudeau and a statement asking that the federal government not issue any more permits for the hydroelectric mega-project until there have been additional reviews and the courts have decided on First Nations court cases.r0