Losing $50 million dollars a day

Dear Editor,
In a video interview entitled “No Pipeline is a Problem – A Challenge to Democracy” posted on YouTube, July 18, 2017, by Friends of Science Society, Ottawa energy policy consultant, Robert Lyman, expressed his opinion that anti-oil pipeline activism challenges democracy when it is not part of a civil, balanced discussion of broader social needs.
Canada’s economy suffers from landlocked resources, even as the newly sworn-in NDP Premier John Horgan of British Columbia previously vowed to block Kinder Morgan pipeline expansion, as reported May 2, 2017 by Global News.
Lyman was guest speaker at Friends of Science 14th Annual Event where his talk explored the question “Can Canada Survive Climate Change Policy?”
Lyman spent 27 years as a public servant in Ottawa and prior to that he was a diplomat for 10 years. In the interview, he explains that in terms of public policy, there are many competing objectives for society and the environment/climate change is just one.
“To find ourselves in a situation where we might sacrifice all for the sake of one is harmful to public policy. What is at stake is a challenge to democracy,” Lyman explains.
He goes on to say that in a democracy there are competing objectives and thus open dialogue and respect for opposing points of view is essential.
“The problem is, in many case those who think climate change is catastrophic are not willing to listen,” he says. “The [Canadian] GHG emissions targets are unattainable with present technology.”
Various provincial leaders, activist groups and even mayors are vowing to block further pipeline development in Canada.
As reported by Vivian Krause in the Financial Post of Oct. 3, 2016, many of these activists are funded by offshore interests.
As reported by Business in Vancouver, Sept. 16, 2013, Canada is losing $50 million dollars a day due to landlocked resources.
Since Prime Minister Trudeau and his climate change team made a splash at the COP-21 Paris Conference as ‘climate leaders’ the world has been slow to follow suit on ambitious GHG reduction.
US President Trump pulled out of the Paris Agreement altogether saying that the Agreement would result in severe economic damages but would have an insignificant effect on climate.
According to Lyman, Canada’s emissions are irrelevant on the global scale, and developing nations are where all the emissions growth is happening “…they will not sacrifice their economic development to follow Canada’s lead.”
None-the-less, as recently reported by Reuters, June 8, 2017, numerous banks and the credit union group Desjardins have been targeted by “no pipeline” activists.
Desjardins, a financier of KinderMorgan, is contemplating no future pipeline finance for projects like Energy East, Keystone XL and Line 3.
Lyman says it appears that some provinces and parties are attempting to use the situation to set up interprovincial trade barriers and this will have a detrimental effect on regions and national unity.

Friends of Science Society encourages civil, thoughtful public debate on economic ramifications of climate change policy.

 

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