New pipeline in Canada to proceed after C$150bn pledged to ease BC and First Nations concerns (www.theguardian.com)
from FlashMobOfOne@lemmy.world to world@lemmy.world on 03 Jul 22:11
https://lemmy.world/post/48998421

The governments of Canada and the province of Alberta will move forward on a major new oil pipeline after the pair announced a plan to ease concerns of British Columbia and First Nations on the Pacific coast.

Canada’s prime minister, Mark Carney, shuttled between British Columbia and Alberta on Thursday to announce more than C$150bn in new investments in both provinces, part of a broader project of reducing trade with the United States and expanding his country’s presence in overseas markets.

Leaning on the familiar framing of a “more dangerous and divided world”, Carney pledged to strengthen domestic industries, saying in Vancouver that the country needed to “move faster, build bigger and work together”.

Carney promised billions for a port expansion in Vancouver, expanded power infrastructure for a new liquefied natural gas (LNG) terminal and investments in new protections for the endangered southern resident killer whale.

#world

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FlashMobOfOne@lemmy.world on 03 Jul 22:24 collapse

Feels like a lost opportunity to double down on renewables instead of oil, but I wouldn’t expect an international banker to see it that way.