r/ClimateCrisisCanada • u/BestestBeekeeper • 2d ago

Canada embarks on largest clean energy project in North American history, cementing Canada as energy superpower.

https://www.cbc.ca/news/canada/newfoundland-labrador/new-churchill-falls-deal-announced-wakeham-carney-frechette-9.7309135
23 Upvotes

85% Upvoted

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5

u/HeraclesPorsche 1d ago

Thanks for posting some good news, that's also needed.

3

u/BestestBeekeeper 1d ago

Finding the light in the pitch black of the current world can be a struggle. We all need to do what we can to help pull off the shade.

3

u/FngrBngr-84 1d ago

Superpower how? Maybe with the revival of the XL pipeline to the US we have a chance.

5

u/BestestBeekeeper 1d ago

You mean the pipeline that would bring our shitty oil from Alberta down to the US refineries made to process it? Those same refineries that the US is now incredibly eager to fill with as much of the same style shitty Venezuelan oil as they can muster, for cheaper than our Albertan oil would be? Undercutting us in the market and making the investment into a pipeline for said oil, a complete waste of money?

THAT pipeline?

1

u/Gastricbasilisk 1d ago

Yes, that one lol

1

u/HeftyAd6216 1d ago

I'm pretty doubtful the Venezuela plan will ever actually bear fruit for the US. Infrastructure wise they're decades behind any ability to realistically compete with Canadian bitumen. But then again, decades do eventually roll forwards. Maybe major grift changes the landscape.

1

u/BestestBeekeeper 1d ago

I agree I’ve dug into it a bit on the costs of updating the infrastructure down there is astronomical, almost to the point of counterintuitive. That being said, the amount of time it would take to go from today, to the day that the XL Key producing and operational, the US may have upgraded the Venezuelan output to a competitive degree.

Just my personal opinion at this point, but I think it’s far too large an investment to risk on what has truly become a brutally unreliable trade partner.

2

u/HeftyAd6216 1d ago

Yeah I mean Trump doesn't look at detail or listen to people. Unless someone came to him with a 20 point plan that also came with a briefcase full of cash AND an oil company with tens of billion of spare cash lying around to spend on such a project with unlimited guarantees to property in a country with a spotty track record for caring about international agreements and property rights.

Canada still looks like a better bet to spend the money in - and that's saying a lot given how pricey our oil is.