Smith Launches GoFundMe to Pay for Her Oil & Gas Subsidies
*The headline is tongue-in-cheek, but not by much when you crunch the numbers. Danielle Smith and Doug Ford say another oil pipeline will strengthen Canada's energy security. But if that's true, why won't private investors build it? And why is Smith promising to subsidize so many oil and gas projects? In this interview, Pembina Institute's Janetta McKenzie dismantles the economic case for the proposed Alberta-Ontario pipeline. We examine the staggering amount of new pipeline capacity already being proposed, the lack of new oil production needed to fill it, and why taxpayers could be asked to shoulder hundreds of billions of dollars in costs that private capital won't touch. We also discuss: • Why the business case for another pipeline keeps getting weaker. • Whether Ontario's Line 5 concerns justify a new cross-Canada pipeline. • Why electrification offers a far better long-term energy security strategy. • The myth of "decarbonized oil" and why emissions keep rising. • How governments are increasingly asking taxpayers to subsidize pipelines, carbon capture, refinery upgrades, and oil sands expansion. • Why private investors are staying on the sidelines while politicians push ahead. If the economics don't work for the private sector, why should Canadian taxpayers be expected to pay the bill? #Canada #Pipelines #DanielleSmith #DougFord #MarkCarney #OilSands #EnergySecurity #Ontario #Alberta #Electrification #PembinaInstitute

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