ALBERTA OIL & GAS
Danielle Smith frequently insists she simply can't stand for the federal Liberals' hostility towards Alberta oil & gas. Why oh why won't they ever stop being so mean? So let’s take a look at exactly what that “hostility” looks like together, shall we?
Canada’s oil industry gets the highest subsidies offered by any nation. Canada's fossil fuel subsidies are not only higher than the G20 average, but more than ten times the G20 average.
https://r.pebmac.ca/https://www.nationalobserver.com/2020/08/12/analysis/canada-supporting-fossil-fuels-10-times-g20-average-during-pandemic
When Covid came along, Canada’s already enormous federal subsidies for the fossil fuel industry tripled.
https://r.pebmac.ca/https://www.iisd.org/publications/fossil-fuel-subsidies-canada-covid-19
Ottawa also gave Alberta more Covid aid per capita than any other province, by the way, even though as a rich province they were least in need of the extra help. But no level of special treatment is ever good enough for the UCP. Treat them better than any other part of the country, and they'll still scream that you're being mean to them.
https://r.pebmac.ca/https://www.ucalgary.ca/news/albertans-got-more-federal-covid-support-capita-people-any-other-province-report-says
Trudeau spent more than 35 Billion tax dollars building Alberta a giant pipeline that most of the country didn’t want.
https://r.pebmac.ca/https://www.nationalobserver.com/2024/05/01/news/34-billion-trans-mountain-oil-pipeline-expansion-opens-today
The Trans Mountain pipeline is also, we should note, guaranteed to lose money and never repay taxpayers for its construction. It's very clearly unprofitable, but Alberta wanted it anyway, and Ottawa keeps trying to appease them for some dumb reason.
https://r.pebmac.ca/https://www.wcel.org/blog/tmx-taking-its-toll-canadian-taxpayers-and-losing-federal-support
Trudeau’s Liberal government also approved every single new oil or gas project that was ever proposed to them.
https://r.pebmac.ca/https://www.cbc.ca/news/canada/newfoundland-labrador/bay-du-nord-approval-1.6410509
https://r.pebmac.ca/https://www.bbc.com/news/world-us-canada-37492742
Oil production and export reached an all time record high under Justin Trudeau.
https://r.pebmac.ca/https://www.cbc.ca/news/canada/calgary/alberta-february-oil-production-record-tmx-1.7162316#
And is still climbing.
https://r.pebmac.ca/https://www.reuters.com/business/energy/canadian-oil-sands-production-rise-15-by-2030-report-says-2024-05-09/
Here's another fun fact: 70% of Canada's fossil fuel production is foreign owned, ensuring that the majority of wealth it generates flows out of the country into foreign coffers at our expense, rather than helping Canadians.
https://r.pebmac.ca/https://www.straight.com/finance/report-shows-70-percent-of-canadian-oilsands-production-is-owned-by-foreign-companies-and
In yet another effort to appease Alberta, Trudeau used taxpayer dollars to clean up abandoned wells that the industry was already legally required to do themselves. The industry happily cut its own cleanup efforts at the same time. Did Danielle Smith thank Ottawa? Of course not. She just dialled up the volume of her complaints.
https://r.pebmac.ca/https://edmonton.ctvnews.ca/mobile/replacing-the-money-public-funds-didn-t-increase-oil-well-cleanups-study-suggests-1.5499804
You can't try to make oil shills happy and show climate leadership at the same time, so something had to give, and it was the LPC's already weak commitment to the climate. Ottawa caters to big oil so hard that Canada has the world’s biggest gap between climate rhetoric and climate action of any nation.
https://r.pebmac.ca/https://www.nationalobserver.com/2023/11/21/news/canada-has-widest-gap-between-words-and-action-un-finds
In hopes of getting Alberta to finally stop complaining, Ottawa Liberals dropped Canada’s international climate performance from 58th best among wealthy economies under Harper down to an even more dismal 62nd best under Trudeau. To try to create peace with Alberta they were apparently willing to betray the whole damned biosphere. They were the best friends big oil has ever had in their history to date.
www.ccpi.org
But in the UCP dictionary, “hate for our precious oil industry” apparently means “emptying multiple dump trucks of public money into their lap.”
Smith’s government is welcome to show me that sort of hate any time it likes.
No matter how much special treatment Alberta gets, they keep whining. They're Canada's best example of how appeasement never works.
https://sustainablesong.medium.com/albertas-cycle-of-abuse-with-big-oil-f89d40ef3134?sk=fb808f6e881227c2aef33fd29d84bcb1
MICHAEL NABERT
Bitumen is among the least efficient fuels, as measured by energy return on investment (EROI), the energy spent extracting, processing, and distributing any energy. Conventional oil currently has an EROI of up to 30. (By contrast, hydroelectric and nuclear power have the highest EROI, ranging from 30 to 100. Wind power is between 18 and 50.) But the oil sands have an EROI of between 3 and 5.
...Between 1995 and 2004, oil sands production increased by 113 percent, while provincial revenues from oil sands royalties shrunk by 30 percent. Revenue per barrel of oil equivalent shrunk by more than two-thirds, from $1.60 in 1995 to 50 cents in 2004. The federal government provided millions in research and development money for oil sands projects, offered tax breaks and royalty relief. The oil sands had become one of the most heavily subsidized fossil fuel enterprises in the world.
Don Gillmor, On Oil
Appeasement = more and bigger demands
Never!
Look at the appeasement US unis and law firms are doing, it isn’t helping them, it is resulting in more & more demands by that regime