The folly of wind and solar as energy sources

[Bricktop]

Hes a great PM and you should keep there.



Would you like to buy some liquid petroleum gas?

[Anonymous]

Hes a great PM and you should keep there.



Would you like to buy some liquid petroleum gas?

He is great for foreign countries.

[Bricktop]

Don't think we don't appreciate it.



Now, how much LPG shall we put you down for.



Big discounts for orders over 10 million litres. Those power stations aren't going to run themselves.

[Thiel]

Hes a great PM and you should keep there.



Would you like to buy some liquid petroleum gas?

We import oil because we are prohibited from producing our own. Why not natural gas too.

[Anonymous]

These are all projects and over 100,000 good jobs that have been cancelled directly or indirectly by Justine.



Scrapped: How nearly $150 billion worth of energy projects have been shelved in Canada

A look at some of the major energy projects over the past few years that never saw the light of day



https://financialpost.com/commodities/energy/scrapped-nearly-150-billion-worth-of-energy-projects-shelved-in-canada?fbclid=IwAR044iHcHtiSvp73mUjzJP_gxNWRlmpSG3jlbzG8QTDwIG0aYQIXUeW22Ds">https://financialpost.com/commodities/e ... QIXUeW22Ds">https://financialpost.com/commodities/energy/scrapped-nearly-150-billion-worth-of-energy-projects-shelved-in-canada?fbclid=IwAR044iHcHtiSvp73mUjzJP_gxNWRlmpSG3jlbzG8QTDwIG0aYQIXUeW22Ds

How nearly $150 billion worth of energy projects have been shelved in Canada

A look at some of the major energy projects over the past few years that never saw the light of day



Project: Frontier Oilsands Mine

Cost: $20.6 billion

Company: Teck Resources Ltd.



The proposed oilsands mine in northern Alberta was expected to produce 260,000 barrels of oil per day. It was cancelled by the proponent over the weekend amid a major fight between Ottawa and Alberta over climate change issues, a lack of pipeline capacity and low oil prices. The project was expected to push up Canadian carbon emissions and was opposed by environmental groups, but enjoyed the support of many First Nations in the region.



Project: Northern Gateway

Cost: $7.9 billion

Company: Enbridge Inc.

The proposed pipeline to bring oil from northern Alberta to a port in Kitimat B.C. was approved by Stephen Harper's government in 2014, but was quashed by a Federal Court of Appeal two years later. It was rejected by the Liberal government in 2016.



The pipeline was expected to ship 525,000 barrels of oil per day to international markets and boost pipeline capacity to meet the needs of surging Canadian oil production.



Project: Energy East

Cost: $16 billion

Company: TransCanada Corp. (now TC Energy Corp.)



A proposed pipeline to carry 1.1 million barrels of crude oil per day from Alberta and Saskatchewan to coastal refineries in New Brunswick. TransCanada planned to build 1,500 kilometres of new pipe and reverse the direction on another 3,000 km of an existing pipeline. It faced heavy opposition in Quebec and Ontario and the environmental review process was marked by controversy. The National Energy Board, the regulator at the time, ultimately asked the company to restart the environmental review process. TransCanada scrapped the project in October 2017.



Project: Pacific Northwest LNG

Cost: $36 billion

Lead company: Petronas Bhd.



The proposed LNG pipeline and export terminal in Prince Rupert B.C. on the Pacific Ocean was to export as much as 18 million tonnes of natural gas per year. The Malaysian state-owned oil and gas company and its international partners said high upfront investment costs along with plummeting global prices for natural gas reduced the feasibility of the project. The project also faced a lengthy environmental review process



Project: Aurora LNG

Cost: $28 billion

Lead company: Nexen Energy



Project: Prince Rupert LNG

Cost: $16 billion

Lead company: Royal Dutch Shell



Project: WCC LNG

Cost: $25 billion

Lead company: Exxon Mobil Corp.

[Anonymous]

Justine has rigged the regulatory system in Canada so that oil and gas export projects cannot ever reach completion. Australia has gone the opposite direction, streamlining it. The have less natural gas, but inlike us, export it.



Canada's lost LNG opportunities due to dearth of export facilities



https://www.fraserinstitute.org/article/canadas-lost-lng-opportunities-due-to-dearth-of-export-facilities?fbclid=IwAR0k9edh9Fop9nD2dgLNyFgUBizm9CudTfMKXKCl2iGBgX2A2_HUhA0nT_w">https://www.fraserinstitute.org/article ... _HUhA0nT_w">https://www.fraserinstitute.org/article/canadas-lost-lng-opportunities-due-to-dearth-of-export-facilities?fbclid=IwAR0k9edh9Fop9nD2dgLNyFgUBizm9CudTfMKXKCl2iGBgX2A2_HUhA0nT_w

Yet firms in Canada, despite having ample reserves, have not stepped up to export desperately needed natural gas to Europe. Why?



Simply put, despite producing 16.1 billion cubic feet of natural gas each day, Canada does not have any LNG export facilities—an astonishing fact for such a resource-rich country. According to Natural Resources Canada, 18 LNG export facility projects have been proposed in Canada since 2011 (specifically, 13 in British Columbia, two in Quebec and three in Nova Scotia). One export facility in B.C. is under construction. For comparison, between 2014 and 2020, the U.S. built seven LNG export facilities and approved 20 more (five are currently under construction).



The culprit? Canada's arduous regulatory system—and fierce opposition from interest groups—has led to the cancellation of several critical LNG projects. For example, in 2017, oil and gas company Petronas cancelled its $36 billion Pacific NorthWest LNG project due to "delays and long regulatory timelines" coupled with poor market conditions. In 2020, Warren Buffet pulled out of a proposed $9 billion LNG project in Quebec amid concerns over regulatory challenges and railway blockades. Last year, joint venture partners Chevron and Woodside Energy stated their intention to sell their shares of the Kitimat LNG project in northern B.C. after more than a decade of slow progress.



A 2020 study by the Canadian Energy Research Institute assessed the competitiveness of Canada's regulatory framework for the oil and gas sector (at the federal and provincial levels) compared to the U.S. and found that Canada had a competitive disadvantage with LNG projects, which take approximately 19 more months to gain approval in Canada compared to the U.S.

[Thiel]

These are all projects and over 100,000 good jobs that have been cancelled directly or indirectly by Justine.



Scrapped: How nearly $150 billion worth of energy projects have been shelved in Canada

A look at some of the major energy projects over the past few years that never saw the light of day



https://financialpost.com/commodities/energy/scrapped-nearly-150-billion-worth-of-energy-projects-shelved-in-canada?fbclid=IwAR044iHcHtiSvp73mUjzJP_gxNWRlmpSG3jlbzG8QTDwIG0aYQIXUeW22Ds">https://financialpost.com/commodities/e ... QIXUeW22Ds">https://financialpost.com/commodities/energy/scrapped-nearly-150-billion-worth-of-energy-projects-shelved-in-canada?fbclid=IwAR044iHcHtiSvp73mUjzJP_gxNWRlmpSG3jlbzG8QTDwIG0aYQIXUeW22Ds

How nearly $150 billion worth of energy projects have been shelved in Canada

A look at some of the major energy projects over the past few years that never saw the light of day



Project: Frontier Oilsands Mine

Cost: $20.6 billion

Company: Teck Resources Ltd.



The proposed oilsands mine in northern Alberta was expected to produce 260,000 barrels of oil per day. It was cancelled by the proponent over the weekend amid a major fight between Ottawa and Alberta over climate change issues, a lack of pipeline capacity and low oil prices. The project was expected to push up Canadian carbon emissions and was opposed by environmental groups, but enjoyed the support of many First Nations in the region.



Project: Northern Gateway

Cost: $7.9 billion

Company: Enbridge Inc.

The proposed pipeline to bring oil from northern Alberta to a port in Kitimat B.C. was approved by Stephen Harper's government in 2014, but was quashed by a Federal Court of Appeal two years later. It was rejected by the Liberal government in 2016.



The pipeline was expected to ship 525,000 barrels of oil per day to international markets and boost pipeline capacity to meet the needs of surging Canadian oil production.



Project: Energy East

Cost: $16 billion

Company: TransCanada Corp. (now TC Energy Corp.)



A proposed pipeline to carry 1.1 million barrels of crude oil per day from Alberta and Saskatchewan to coastal refineries in New Brunswick. TransCanada planned to build 1,500 kilometres of new pipe and reverse the direction on another 3,000 km of an existing pipeline. It faced heavy opposition in Quebec and Ontario and the environmental review process was marked by controversy. The National Energy Board, the regulator at the time, ultimately asked the company to restart the environmental review process. TransCanada scrapped the project in October 2017.



Project: Pacific Northwest LNG

Cost: $36 billion

Lead company: Petronas Bhd.



The proposed LNG pipeline and export terminal in Prince Rupert B.C. on the Pacific Ocean was to export as much as 18 million tonnes of natural gas per year. The Malaysian state-owned oil and gas company and its international partners said high upfront investment costs along with plummeting global prices for natural gas reduced the feasibility of the project. The project also faced a lengthy environmental review process



Project: Aurora LNG

Cost: $28 billion

Lead company: Nexen Energy



Project: Prince Rupert LNG

Cost: $16 billion

Lead company: Royal Dutch Shell



Project: WCC LNG

Cost: $25 billion

Lead company: Exxon Mobil Corp.

Global capital does not view Canada as a favourable investment destination. It did under Stephen Harper, but not under JT.

[Bricktop]

https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fstatic.rcgroups.net%2Fforums%2Fattachments%2F1%2F6%2F9%2F8%2F4%2F9%2Fa2213358-88-mister-burns-excellent.jpg%3Fd%3D1228774795&f=1&nofb=1">

[Gaon]

These are all projects and over 100,000 good jobs that have been cancelled directly or indirectly by Justine.



Scrapped: How nearly $150 billion worth of energy projects have been shelved in Canada

A look at some of the major energy projects over the past few years that never saw the light of day



https://financialpost.com/commodities/energy/scrapped-nearly-150-billion-worth-of-energy-projects-shelved-in-canada?fbclid=IwAR044iHcHtiSvp73mUjzJP_gxNWRlmpSG3jlbzG8QTDwIG0aYQIXUeW22Ds">https://financialpost.com/commodities/e ... QIXUeW22Ds">https://financialpost.com/commodities/energy/scrapped-nearly-150-billion-worth-of-energy-projects-shelved-in-canada?fbclid=IwAR044iHcHtiSvp73mUjzJP_gxNWRlmpSG3jlbzG8QTDwIG0aYQIXUeW22Ds

How nearly $150 billion worth of energy projects have been shelved in Canada

A look at some of the major energy projects over the past few years that never saw the light of day



Project: Frontier Oilsands Mine

Cost: $20.6 billion

Company: Teck Resources Ltd.



The proposed oilsands mine in northern Alberta was expected to produce 260,000 barrels of oil per day. It was cancelled by the proponent over the weekend amid a major fight between Ottawa and Alberta over climate change issues, a lack of pipeline capacity and low oil prices. The project was expected to push up Canadian carbon emissions and was opposed by environmental groups, but enjoyed the support of many First Nations in the region.



Project: Northern Gateway

Cost: $7.9 billion

Company: Enbridge Inc.

The proposed pipeline to bring oil from northern Alberta to a port in Kitimat B.C. was approved by Stephen Harper's government in 2014, but was quashed by a Federal Court of Appeal two years later. It was rejected by the Liberal government in 2016.



The pipeline was expected to ship 525,000 barrels of oil per day to international markets and boost pipeline capacity to meet the needs of surging Canadian oil production.



Project: Energy East

Cost: $16 billion

Company: TransCanada Corp. (now TC Energy Corp.)



A proposed pipeline to carry 1.1 million barrels of crude oil per day from Alberta and Saskatchewan to coastal refineries in New Brunswick. TransCanada planned to build 1,500 kilometres of new pipe and reverse the direction on another 3,000 km of an existing pipeline. It faced heavy opposition in Quebec and Ontario and the environmental review process was marked by controversy. The National Energy Board, the regulator at the time, ultimately asked the company to restart the environmental review process. TransCanada scrapped the project in October 2017.



Project: Pacific Northwest LNG

Cost: $36 billion

Lead company: Petronas Bhd.



The proposed LNG pipeline and export terminal in Prince Rupert B.C. on the Pacific Ocean was to export as much as 18 million tonnes of natural gas per year. The Malaysian state-owned oil and gas company and its international partners said high upfront investment costs along with plummeting global prices for natural gas reduced the feasibility of the project. The project also faced a lengthy environmental review process



Project: Aurora LNG

Cost: $28 billion

Lead company: Nexen Energy



Project: Prince Rupert LNG

Cost: $16 billion

Lead company: Royal Dutch Shell



Project: WCC LNG

Cost: $25 billion

Lead company: Exxon Mobil Corp.

This is economic treason.

[Anonymous]

https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fstatic.rcgroups.net%2Fforums%2Fattachments%2F1%2F6%2F9%2F8%2F4%2F9%2Fa2213358-88-mister-burns-excellent.jpg%3Fd%3D1228774795&f=1&nofb=1">

 

[Bricktop]

Hey!!



It's not OUR fault you guys elect lunatics to run your country.



Canada is like a chocolate factory being run by a diabetic.

[Anonymous]

Hey!!



It's not OUR fault you guys elect lunatics to run your country.



Canada is like a chocolate factory being run by a diabetic.

Worst pm we have ever had. Even worse than his father Pierre.

[Bricktop]

Somebody loves him. He keeps getting elected.

[Anonymous]

Somebody loves him. He keeps getting elected.

Nearly sixty eight percent of voters rejected him.

[Anonymous]

An example of why the West is kneecapped vis-a-vis tyrannies and how C-suite thinking is contributing to this. In 2017, Shell announced it had completed divestment of Canada's oil sands. In 2022, Shell defends 'difficult' decision to buy Russian crude oil.