The news broke early yesterday that Alberta and the federal government are getting close to striking an “energy accord” of some variety with a memorandum of understanding that could allow for a bitumen pipeline to the northwest coast of BC with “limited exemptions” to the tanker ban so long as conditions are met, including changes to industrial carbon pricing, carbon capture, and lowering or eliminating the emissions cap. There were also Sources™ who said that it would require a private sector proponent, buy-in from coastal First Nations, and environmental approvals, which could mean it won’t happen at all.
As the day went on and other outlets started to get their own sources to confirm the story, differing details emerged. While Tim Hodgson said in Question Period that the BC government would need to be on-side, his office later said that no, they’re not getting a veto as part of the MOU. And then there are the Liberals themselves, many of whom are deeply opposed and will point out that ending the tanker ban will risk billions in ongoing projects from First Nations in the region. And those First Nations are not going to give consent, which would seem to make this whole thing moot anyway, unless the plan is ultimately to run roughshod over their rights yet again.
So, while we await the details, where the devil will lie, I am once again going to point out that we shouldn’t count on any kind of “grand bargain” with the oil companies or Alberta as a condition because they won’t live up to it. They have proven time and again that they won’t, or that they will lie to claim that they will do all kinds of things to reduce their emissions and to decarbonise when they actually have no intention of doing so. Meanwhile, the market may ultimately prove to be the veto here, because it’s no longer the world from before 2014, and nothing the federal or provincial government will do is going to change that fact.
Ukraine Dispatch
The death toll from the attack on Ternopil early Wednesday has risen to 25, with more than 73 injured. The latest US “peace plan” proposal is just more of the same rehashed Russian propaganda. Ukraine also plans to seek $44 billion in damages from Russia for their carbon emissions as a result of the war.