As an oil industry publication has pointed out:
“The private sector is going to drive a proposal of a new pipeline, Carney said.”
https://oilprice.com/Latest-Energy-News/World-News/Carney-New-Canadian-Oil-Pipeline-Is-Highly-Likely.html
Does that mean the oil industry is absolutely on the hook to fund it? 🤷🏻♂️
The promise to fast track projects “basically gives a signal to international investors that this is a place they can continue to invest” so if they see pipelines as stranded assets they may pass, given existing ones are underutilised.
Alison Creekside (npub1spc…3gwu)