Pipeline opposition largely funded by rich Americans
“The meek will inherit the earth … if that’s okay with everybody else,” goes the old joke.
When it comes to developing Canada’s energy sector, that trite joke seems all too true. The Northern Gateway, Energy East, and Pacific NorthWest LNG pipeline proposals have been scrapped.
Scotiabank estimates that the Canadian economy forfeits $15.6 billion a year as other pipeline proposals await approval.
Has this happened because Canadians organically and collectively decided the environmental impact was too great?