2026-09-06 04:26 UTC
@evdelen@mstdn.ca
How about the American owned 'Canadian' oil industry and Canada's banks that make their profits off the industry and pipeline pay off the 1st pipeline before a 2nd is even considered
https://humanwords.party/@pinhman/117209038308594404
https://influencemap.org/briefing/Canada-s-Big-Five-Banks-Fueling-Fossil-Risk-33753
https://www.nationalobserver.com/2026/08/07/news/oil-firms-profiting-iran-war-climate-crisis
Replies (1)
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@evdelen@mstdn.ca 2026-09-06 17:47
@pinhman@humanwords.party I agree. And my point adds to that, if trying to diversify markets it would make sense to build out additional capacity that can service Europe too. But, again, building any fossil fuel "energy" infrastructure that had a pay-back time >20-30 years really shouldn't be considered economically viable at this point given that demand is overwhelmingly likely to crater over that timeframe.