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From: Larry Kazdan Subject: No pipelines? No prosperity, Lorrie Goldstein, Toronto Sun, April 27
http://www.torontosun.com/2016/04/27/no-pipelines-no-prosperity
To: Letters Editor <lkazdan@gmail.com>
Cc: lorrie.goldstein@sunmedia.ca
- Are more pipelines really in the best economic interests of all Canadians? While private gains may accrue to the oil and gas industry when exports increase, huge costs are borne by our environment. It would be much better to protect our commercial fishing and tourism industries, and invest in public transit, building retrofits, and renewable energy. Not only would many more jobs be created and future export industries created, but there would be fewer carbon emissions, and less resistance from residents of the coast.
- As for the suffering of individuals who have lost jobs, our federal government can always take compensatory action when the private sector falters, As demonstrated during times of war or financial crisis, the government of Canada has immense fiscal power that comes from ownership of a central bank. Through targeted spending, the Liberal government can ensure that all Canadians are protected during an economic downturn.
- Footnotes:
- 1. The Economic Costs and Benefits of the Proposed Northern Gateway Pipeline
- http://www.policyalternatives.ca/sites/default/files/uploads/publications/BC%20Office/2012/03/CCPA-BC_Enbridge_Pipe_Dreams_2012_SUMMARY.pdf
- If the full costs of carbon emissions from extraction, processing and combustion
- were counted, the pipeline would likely be uneconomical. While private gains accrue to the oil and gas industry, huge costs are borne by others.
- If the full costs of carbon emissions from extraction, processing and combustion
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