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If Private Investors Won't Invest...Why Should Taxpayers?
I'm strongly in favour of exporting more Alberta oil. As Alberta's former Energy Minister, I believe we should build the right projects for the right reasons.
But these new pipeline proposals, together with a proposed $65-billion carbon capture project, raise serious questions.
If the economics are sound, where are the private investors?
The proposed northern pipeline alone is estimated to cost between $70 billion and $100 billion.
If governments borrow roughly $150 billion to build these projects, billions of dollars in interest payments would come before Albertans ever see a return – if at all.
Supporting Alberta's energy industry doesn't mean saying yes to every project.
It means saying yes to projects that make economic sense, protect taxpayers, and deliver real value for Albertans.
Good governments do the homework before they ask Albertans to pay the bill.
#albertaenergy #alberta #abpoli #cdnpoli #abtory
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