The current Kinder Morgan Trans Mountain pipeline debacle agonizingly demonstrates that even medium scale infrastructure projects are easily stalemated in Canada. This has scared away vast sums of foreign direct investment as investors look for easier, more reliable places to put their money. This is a crisis and it appears Read more…
Today Bloomberg’s Michael Bellusci wrote an article explaining that Canadian oil and gas companies are in deep trouble. Here is an excerpt:
Canada’s Energy Industry Faces ‘Extinction’ Without M&A, BMO Says
On the same day, Global News reported:
Feds to spend $280k to study why Canada’s oil and gas sector is falling behind
The federal government plans to spend up to $280,000 for a new study on Canada’s competitiveness in the oil and gas industry as investment lags and the United States offers new incentives for companies to move south…
Source: globalnews.ca/news/4123026/oil-and-gas-canada-falling-behind-study/
In general terms the issue is that with low oil prices, oil companies see better places in the world to put their money than Canada. Oil & Gas “activists” will initially claim a victory here because they have had some impact on making it difficult to get Canadian Oil and Gas to both international and domestic markets.
There has been much talk in the recent decade about banning disposable plastic bags. The basic argument is that consumer grade disposable single use plastic bags are the root cause widespread environmental damage but have ready alternatives, so why are will still using them?
As is often the case with political issues, there is no simple answer to the question “Should single use plastic bags be banned?”. Below are some of the facts and you can decide for yourself if this is a crisis or not:
Canada already had several Gold Rushes that left environmental devastation and abandoned towns. China’s BitMain is opening a server farm in Quebec and others are trying to open in Manitoba. Manitoba is thinking this could be another path to destruction that they do not want to participate in.
There is a global crisis with municipal recycling programs that is affecting YOUR community as of January 1st 2018. China is now rejecting all used plastic, except “high grades”. High Grades are used materials that are fully sorted. This means mixed plastics, aka Low Grade, will no longer be taken. The problem for us is that we rely on China’s cheap and efficient labour force to sort low grade plastics for us.
This video explains the Chinese “National Sword” policies that bans 24 different types of products (read: mixed paper, mixed plastic and mixed clothing) and how the US is beginning to deal with this.
We talked to Dr. Christina Seidel, Executive Director of the Recycling Council of Alberta about this issue earlier today. She said that “… (consumer) education is good. We need to be more careful about what goes in…(to the recycling system).
