Worth the Price?
Tarsands Oil Exports vs BC North Coast
Which is worth more? Tarsands oil exports to China, or securing the ecology of the BC North Coast. Is it an either or situation? Can we have both?
Enbridge’s economists have calculated that building the pipeline and shipping out Alberta crude will increase the gross domestic product of Canada by $270 billion over the three decades. What is the BC North Coast worth? Can it’s value be quantified in dollars?
Enbridge admits there will be incidents, but can be limited to less than what was spilled at Valdes. Their own analysis predicts 250 kilometers of coast line contamination in the first week after a spill. “Protection of environmental, socio-economic, and cultural sensitivities will be prioritized, and response strategies will be developed to limit potential adverse effects.” NGP-FS-03-003_Emergency Preparedness and Response
The Coast Guard reports 8 incidents in the years 1999-2010 involving bulk carriers and general cargo vessels with experienced captains and certified pilots aboard along the same routes the tankers will travel. The largest of these vessels being less than half the size of mega tankers.
Fisheries and Oceans Canada has identified 15 Ecologically and Biologically Significant Areas (EBSAs) in the newly designated Pacific North Coast Integrated Management Area “… areas worthy of enhanced protection”. http://www.dfo-mpo.gc.ca/Library/329206.pdf
Another important question is; Can Canada trust China?
Are we allowing too much Chinese state controlled investment in our resources? Will there come a time when China is calling the shots? They refuse to ratify an agreement on investments to date. Their foreign policy and actions are abysmal at best.
Is the Pipeline Joint Review Panel just a political facade? Will it’s findings carry any weight in the final decision? PM Harper seems to have already endorsed the project and is about to ratify an agreement in principal while in Beijing this week.
Maybe we can nickname the project, the Panda Pipeline.
Where does the interested Canadian turn for a rational view on the Gateway Pipeline Project?