Should Alberta’s bitumen be declared a stranded asset?

To the editor;

The Trans Mountain pipeline is so controversial that former federal Liberal cabinet minister David Anderson sent Justin Trudeau a letter stating there is no business case for the TMX while former Alberta NDP premier Rachel Notley chastised Jagmeet Singh for failing to understand the importance of the TMX.

Recent studies show that to meet the Paris Agreement target of avoiding 1.5°C of climate warming, the bulk of what is left of Alberta’s bitumen must remain in the ground and be declared a stranded asset. Does this mean we will freeze in the dark? No.

The issue is not lack of energy alternatives. Alberta, like the rest of Canada, is richly endowed with renewable energy resources. The issue is an ugly circle of greed and spineless leaders.

Bitumen investors fear red ink. Politicians fear discomfort if they stand and defend the long-term survival of humanity over short-term profits for the rich.

Robert M. Macrae

Environmental Technology Instructor

Castlegar, B.C.

Trans Mountain pipeline

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Social media a blessing and a curse during time of crisis: B.C. communication expert

‘In moments of crisis, fear is very real and palpable,’ says SFU’s Peter Chow-White

COVID-19 is an opportunity for change

An editorial for the Barriere Star / Journal

Chamber of commerce asks people to shop local

A letter to the editor of the Barriere Star / Journal

Are you changing your habits because of Covid-19?

Arne Tolborg: Yes, more hand-washing. I work for the school district so… Continue reading

Barriere responds to Covid-19 crisis

As the sign in the photograph says, all Barriere and District Seniors’… Continue reading

B.C. records five new COVID-19 deaths, ‘zero chance’ life will return to normal in April

Province continue to have a recovery rate of about 50 per cent

John Horgan extends B.C.’s state of emergency for COVID-19

Premier urges everyone to follow Dr. Bonnie Henry’s advice

B.C.’s first community COVID-19 death was dentist ‘dedicated’ to health: lawyer

Vincent was 64 when he died on March 22 after attending the Pacific Dental Conference

Two inmates at prison housing Robert Pickton test positive for COVID-19

Correctional Service of Canada did not release any details on the identities of the inmates

BC SPCA launches matching campaign to help vulnerable animals after big donations

Two BC SPCA donors have offered up to $65,000 in matching donations

Quarantined B.C. mom say pandemic has put special-needs families in ‘crisis mode’

Surrey’s Christine Williams shares family’s challenges, strengths

Anti-tax group calls for MPs, senators to donate scheduled pay raises to charity

Bill C-30, adopted 15 years ago, mandates the salary and allowance increases each calendar year

Two arrested after man lies about COVID-19 illness to stay in Victoria Airbnb for free

Victoria Police found stolen goods inside the occupied unit

Liberals delay release of 75% wage subsidy details, costs: Morneau

Program will provide up to $847 per week for each worker

Most Read