welcome
Home

Home

Business

Business & Economics

Mark Carney is reviving the oilsands discussion — and it's giving me whiplash

Home
Summary
Nutrition label

68% Informative

Alberta 's oilsands simply aren’t the world’s best place to put big money into oil — now or in the future.

It's a fantasy that another pipeline will unlock new riches in the oilsands, says Mark Carney .

But as long as the federal government doesn't pay for it, the industry is welcome to keep pining, he says.

The case for CCS [carbon capture and storage] boils down to waste disposal, says Oxford climatologist Myles Allen .

There is absolutely no reason taxpayers should be subsidizing how companies dispose of their waste — and take on the financial risk.

Instead, Ottawa and Alberta seem eager to keep throwing taxpayer money at the problem.