What has Trudeau govt done to STOP development of the oil sands?
Pipelines: CER says 3 under construction (TMX, Line 3, KXL) enough until 2040.
Environmental assessment: Suncor's base mine expansion "sidesteps" info requirements on climate change
ablawg.ca/2020/08/28/cli…
2/Suncor CEO says COVID-19 could may be giving us "glimpse into a not-too-distant future where the transformation of our energy system could disrupt demand on a similar scale."
corporateknights.com/channels/energ…
3/Aug 19 CERI study develops 3 scenarios for oil sands output to 2039...2 of them inc. lower production due strictly to global market conditions.
CERI lists 5 factors needed for viable oil sands sector, only 1 (pipelines) depends on feds.
ceri.ca/studies/canadi…
4/A more reasonable view is that the oil sands face an existential threat from the energy transition, global climate policies, new energy technologies, poor environmental performance, and changing markets.
Threat from Ottawa is well down the list.
5/The CERI study assesses the policy framework in place and announced changes. Even under Scenario 3, oil sands output grows by almost 1 million b/d.
Where is the argument for Trudeau killing the oil sands?
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