Canada Opinion: Pipeline supporters kidding themselves to think PM’s reassuring words can dispel tragic outcomes

20:03  01 june  2018
20:03  01 june  2018 Source:   thestar.com

B.C. files legal challenge to Alberta law

  B.C. files legal challenge to Alberta law B.C. files legal challenge to Alberta lawIt comes weeks after the B.C. government asked its highest court to decide if it has the right to limit the flow of bitumen in the Trans Mountain pipeline.

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I believe…. I suppose…. According to me…. In my opinion …. I take your word on it…. You took the words right out of my mouth… I can’t/ couldn’t go along with that…. You’ve got to be kidding …. I find that very difficult to accept….

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Kinder Morgan Inc

KMI

Premier Notley spars with federal NDP leader Jagmeet Singh over Trans Mountain

  Premier Notley spars with federal NDP leader Jagmeet Singh over Trans Mountain Premier Rachel Notley wasn’t mincing words Wednesday after federal NDP leader Jagmeet Singh chastised the federal Liberal government for subsidizing the fossil fuel industry, and in particular, offering a financial backstop to Kinder Morgan's Trans Mountain pipeline expansion. Singh said at a rally in Ottawa that he simply can't support the project and wants it scrapped as it places too much liability on Canadian taxpayers. "There are talks of absorbing the risk of Kinder Morgan, which could put Canada, Canadians and the environment, to hold all the risk," he said.

What do you think ? What' s your opinion ? Would you like to say something? Confusing Words . Customs and Traditions. English around the World.

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“Trans Mountain Pipe Line Co. has won approval for an expansion that nearly triples its ability to carry heavy-crude oil on its westbound route from Edmonton to export facilities in Vancouver.

“The National Energy Board (NEB) decision means Alberta’s oil industry could break into new markets across the Pacific Ocean within 18 months.”

If a business student today were to time stamp that quote, it’s unlikely they would come up with a date three decades past. The story in the Toronto Star, circa August, 1988, carried the headline “Pipeliner gets okay for westward expansion.” Company executives had earlier noted that Canadian heavy oil had already penetrated South Korea and Japan, and by the summer of 1988 had Taiwan in its sights.

Fight over pipeline continues: B.C. premier

  Fight over pipeline continues: B.C. premier VICTORIA - The politician leading the charge against the expansion of the Trans Mountain pipeline says the fight will continue in court, regardless of who owns the project. British Columbia Premier John Horgan said Tuesday the federal government's decision to take over the pipeline from Kinder Morgan doesn't change his government's position and it will proceed with its reference case to the B.C. Court of Appeal. Horgan said the case was never about who owns the pipeline, but whether B.C. has the right to protect its environment from the impact of a bitumen spill, and Ottawa's decision to buy the Trans Mountain pipeline does not reduce the risk.

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Why not a corporate history lesson given that, all of a sudden, we own a pipeline. Prime Minister Justin Trudeau’s $4.5-billion commitment to put Kinder Morgan out of its misery will turn the Trans Mountain pipeline and its expansion project into a Crown corporation and transform the Canadian arm of the Houston infrastructure giant into an asset-light entity with seemingly little reason to exist. (Kinder Morgan Inc. owns 70 per cent of Kinder Morgan Canada Ltd.)

The oft-repeated bare bones of the Trans Mountain tale references its opening in 1953 and, maybe, the gargantuan task of driving a pipeline trench through the Rockies, triumphantly delivering oil to the Westridge marine terminal in Burnaby. Less reported has been the waxing and waning of product demand which, by the early 1980s, had Trans Mountain operating at below capacity and looking to diversify shipments beyond oil to butane, methane and propane. A coal slurry was considered at one juncture.

Now that you own your own pipeline, here are some things you should know

  Now that you own your own pipeline, here are some things you should know So you’ve bought yourself a pipeline, eh? Here are a few things to know about it: The original route is 65 years old It’s 1150 km long. First opened in 1953, the pipeline has run pretty well over its history, though it’s averaged just over a leak a year. Heck, there was one on Sunday in […]So you’ve bought yourself a pipeline, eh? Here are a few things to know about it:

EXERCISE 2. Here you will find another example of opinion composition. Read it carefully and complete with the words in the box. although personally. to sum up besides. such as think so. secondly firstly. like just.

In other words , they are usually what the project has achieved in the short term. An easy way to think about outputs is to quantify the project activities that have a direct link on the project goal . September 20, 2014 at 6:25 pm . Outcomes too have indicators.

A cardboard cut-out of Canada's Prime Minister Justin Trudeau is pictured as demonstrators use a mock oil pipeline to block the entrance to the Canadian Embassy in central London on April 18.© TOLGA AKMEN A cardboard cut-out of Canada's Prime Minister Justin Trudeau is pictured as demonstrators use a mock oil pipeline to block the entrance to the Canadian Embassy in central London on April 18.

There was corporate excitement. What this newspaper dubbed “one of the longest and bloodiest corporate battles in B.C. history” resulted in a reverse takeover by Inland Natural Gas, which purchased B.C. Hydro’s Lower Mainland gas division, which became BC Gas, which became Terasen Inc., an appropriate new moniker, according to the Daily Oil Bulletin in 2003, because the old name sounded limiting while the new name — “terra” meaning earth and “sen” implying “sent,” as in sent from the earth, apparently — delivered a message of growth and ambition. This new identity, said the CEO of the day, “allows us to pursue our goal of becoming one of North American’s leading energy companies.” Expansion of the Trans Mountain pipeline was the company’s core initiative.

Read more:

B.C. Building Trades hopeful federal ownership will change Trans Mountain labour practices

Trudeau to meet Indigenous pipeline supporters

  Trudeau to meet Indigenous pipeline supporters Trudeau to meet Indigenous pipeline supportersJustin Trudeau will be in the Fraser Valley where he'll speak with the Indigenous Advisory and Monitoring Committee, a group that monitors existing pipelines and the construction of the Trans Mountain's expansion project.

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Trans Mountain deal sets Liberals up for tough fight in 2019 election, analysts say

Trans Mountain will push ahead despite opposition, Morneau tells Calgary business leaders

Investors included the Ontario Teachers Pension Plan, B.C. Investment Management Corp. and the Canada Pension Plan Investment Board.

So what the heck happened, you may well wonder. And how did the Texans get involved?

Step one was the decision by the Gordon Campbell Liberals to undo ownership restrictions put in place by Bill Vander Zalm’s social credit government which capped single share ownership at 10 per cent and collective foreign ownership at 20 per cent. Step two was Richard Kinder’s realization that there were handsome profit margins waiting for him in the oil sands, “one of the most magnificent crude assets certainly in North America, and I would argue the world.”

The summer of 2005 brought good days and bad days to Rich Kinder. July saw the company slapped with a $500,000 (U.S.) fine from the California fire marshal for failing to accurately mark a pipeline location in the state. Five workers died when the pipeline, carrying petroleum, was struck by a backhoe operator.

August marked the company’s successful acquisition of Terasen for $5.6 billion. In a conference call with analysts the day after the deal was finalized Kinder sounded over the moon. “I can assure you we would not have done this deal unless we thought there were hellacious opportunities for the upside over the next several years.”

Pipeline supporters overtake Kinder Morgan protest in Calgary

  Pipeline supporters overtake Kinder Morgan protest in Calgary What started as a pipeline protest in Calgary quickly became a show of support for the Trans Mountain pipeline expansion and the oil industry Monday. A group of about 24 anti-pipeline activists played Indigenous drums and raised signs reading, “Stop the Kinder Morgan buyout,” outside Liberal MP Kent Hehr’s headquarters on 6th Avenue S.W. But […]

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The Canadian corporate structure was initially planned as a “master limited partnership,” which in the U.S. allowed the partnership to be exempt from tax provided that all free cash flow was paid out to investors. Or in corporate speak, the company would be committed “to returning cash to shareholders in an economic and tax-efficient manner.” In the end, the master partnership disappeared and a Houston-controlled Canadian public entity was launched. In the initial public offering, Steve Kean, a long time Kinder Morgan hand who had served as chief of staff at Enron, emerged as CEO of the new entity. Kean is described thusly: “No position description for the CEO of the company has been developed.” (I’ve never seen anything like it.)

This was not, first, about crafting a great deal for Canadians. The potential for high value, direct, long-term jobs could not be realized without investment in upgrading and refineries. Instead, the Kinder Morgan gamble — and that of whichever party steps in ultimately to take over — was to ship the dilbit, or diluted bitumen, to tidewater and beyond by twinning a new pipeline to the legacy asset.

For a primer on the black goo you can do no better than the series produced by InsideClimate News on the 2010 Enbridge spill of diluted Canadian bitumen into the Kalamazoo River. The Dilbit Disaster: Inside the Biggest Oil Spill You’ve Never Heard Of, won the 2012 Pulitzer Prize for national reporting. It’s an eye-opening account of confusion, delays and mistruths, with the EPA not even knowing what they were dealing with: black gunk that can’t be sucked off the surface of the water, as is the case with conventional oil, but sinks to the river bottom after the added chemicals that have allowed the bitumen to flow have vapourized into the atmosphere. Reading it will correct the mistake of describing the Trans Mountain pipeline as a conveyor of “liquids.” The diluents added to the bitumen to liquefy it can include the carcinogen benzene and the neuropathy-causing chemical hexane.

Graham Thomson: Will anti-pipeline 'hell' break loose in B.C. this summer?

  Graham Thomson: Will anti-pipeline 'hell' break loose in B.C. this summer? Snap quiz. Here are two recent quotes about the planned Kinder Morgan pipeline expansion. Which of them most accurately predicts the summer ahead? Quote 1: “It’s time to pick those tools back up. We’ve got a pipeline to build.” Quote 2: “All hell is about to break loose in British Columbia." Snap quiz.

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But he sets the standards for many of our smart kids , the lucky ones in schools that have AP classes. This role of government obviously improves market outcomes , unless the rules are “designed to August 10, 2015 at 12:45 pm . The posts are coming fast so having trouble keeping up.

Pipeline supporters are kidding themselves if they think any reassuring words from the prime minister can dispel fears of tragic outcomes. No doubt my view of this is coloured by a brief domestic sojourn in B.C. in 1990 when anti-logging activists were chaining themselves to trees. In this go-round it’s serious when a company like Richmond-based Nature’s Path Foods replaces its website with a message of opposition to the pipeline expansion. Nature’s Path products are recognizable to any lover of organic cereals and grainy snacks, but this week it was cautioning that the proposed pipeline expansion “will result in an increase of coast-to-port tanker traffic, increasing the risk of an oil spill and disrupting sensitive animal habitat. A leak or spill could cause an environmental catastrophe whether on land or in water.”

Talk like that will only grow louder.

As for history, what it shows is there was a time and place for pipeline talk. The prime minister is gambling on the merits of using the expansion as a bridge to a climate-conscious future. That might have worked decades ago. Today it leaves the young PM sounding very ’80s.

jenwells@thestar.ca

Trudeau meets with Indigenous pipeline committee .
ROSEDALE, B.C. - Prime Minister Justin Trudeau linked Indigenous reconciliation and the expansion of the Trans Mountain pipeline today as he met with a group in British Columbia that monitors construction of the project. Trudeau told the Indigenous Advisory and Monitoring Committee that while he doesn't take the presence of First Nations' leaders at the meeting as direct approval for the pipeline, he does see their attendance as support for reconciliation that both sides need to work on.© Provided by thecanadianpress.comHe said the purpose of the committee is to make sure the project is done right, with minimal concerns and maximizing benefits.

Source: http://ca.pressfrom.com/news/canada/-77130-opinion-pipeline-supporters-kidding-themselves-to-think-pm-s-reassuring-words-can-dispel-tragic-outcomes/

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