With Kinder Morgan pulling out of the Trans Mountain pipeline project and having federal taxpayers pick up the slack to a tune of $4.5 billion, one really has to wonder what’s going through B.C. Premier John Horgan’s head.
"I continue to have concerns about the potential adverse consequences of a diluted bitumen spill on our marine environment, on our coast and the consequences to our economy," Horgan told CBC.
However, "The good news though is that I now know the owner and have his phone number and I can call him with my concerns."
Horgan, you moron.
B.C. Green Party Leader and balance of power in the provincial legislature Andrew Weaver gets it. "A government that promised to end fossil fuel subsidies and to champion the clean economy should not be spending billions of dollars of taxpayer money to buy out a fossil fuel expansion project,” he said.
No one is happy about the pipeline project. Both sides oppose Trudeau for a variety of reasons. With any luck, the former ski instructor Prime Minister will be a one-term pony.
After all, a “liberal” Finance Minister, in 2018, should not call taxpayer subsidies and government ownership “an investment in Canada's future.”
Now Kinder Morgan doesn’t have to assume any financial risk. That burden is now on taxpayers.
Federal Green Party Leader Elizabeth May, who’s been fined $1,500 as part of her protests of the pipeline in Burnaby, said: "The amount we've just spent is more than we are putting into climate programs so far... I have to say that it's galling on so many levels that it's breathtaking.”
Indeed, but, like Horgan and the federal government, she’s also missing the forest for the trees.
Simply, no pipeline means higher prices since the entire world runs on fossil fuels.
Even things you wouldn’t think need oil is a byproduct of a laundry list of interlocking capital goods.
Individual action results in organization controlled by no single person or agency. There is a free market for goods and services because people are free to trade with each other. It is only with restricted trade, especially by centralized authorities, do we find ourselves poorer. Imposing limits and conditions on trade deteriorates the capital structure of the economy.
This is what is happening in Canada. Horgan doesn’t see it. Without the pipeline, there are trucks and trains to deliver the goods.
The fact that pipelines are (or were) the cheaper and more reliable option is dictated by a market economy dominated by central banks and tens of thousands of regulations imposed by government regulators and dreamt up by lobbyists.
What would a truly free market look like? What would happen if Horgan put his foot down on the pipeline and then rescinded Canada’s involvement with Confederation?
Fuck the Supreme Court, fuck your international law — Horgan’s gone radical and established himself King, divinely appointed by Gaia to save the planet.
In addition, the sovereign people of British Columbia have agreed on three things:
1. free markets both domestically and internationally
2. private property is sacrosanct, it is our species extended phenotype
3. all conflicts arising between persons and involving property can be resolved using the Western legal tradition.
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