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2025-07-07 13:47:34 UTC
in reply to

Dave Sanderson 🇨🇦🍁 on Nostr: As an oil industry publication has pointed out: “The private sector is going to ...

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.