Monday, August 11, 2014
Stephen Harper's Keystone Pipeline Dream Takes Another Hit
I never understood how the U.S. State Department could conclude that building the Keystone XL pipeline would not substantially increase carbon emissions.
It didn't make sense.
And sure enough it turns out somebody didn't know how to count.
Because now it seems the pipeline's impact could be FOUR times higher than estimated.
An economic analysis of the proposed Keystone XL pipeline's possible climate impacts has concluded they could be up to four times higher than previously estimated.
"It didn't appear that they looked at the market implications," said co-author Peter Erickson. "If the Keystone pipeline were to enable a greater rate of extraction of the oilsands, would that not increase global fuel supplies, which might then decrease prices and therefore allow a little bit more global consumption? "That's the analysis that we did here and we found that it could be the greatest emissions impact of the pipeline."
I have no idea how the State Department analysts made such an elementary error, because it seems so obvious to me. The more oil you pump out, the lower the price, the more people use it, and the more Big Oil produces. It's a vicious circle.
Even as the planet burns.
But what I do know is it puts another spike in Stephen Harper's pipeline dreams. For it will surely make it even easier for Obama to spike the pipeline.
And after all of Harper's frantic efforts....
And of course it could't have come at a worst time.
With his job creation numbers tanking.
And his poll numbers going south.
You know, the Cons can't seem to stop trying to portray Justin Trudeau as in over his head.
But with his job creation machine stalled, his pipeline dreams going up in smoke, and his popularity falling like a stone, maybe it's time to say the same thing about Harper.
Because the gap between the way he sees himself...
And the sad reality...
Has never been greater.
Not a strong leader. Not a real economist. Not a pipeline prophet.
Just a tiny little man, way in over his head.
Growing more desperate with every passing day.
And looking more and more like a LOSER...
Please click here to recommend this post at Progressive Bloggers.