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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: teevee who wrote (19120)5/4/2012 9:51:33 PM
From: axial3 Recommendations  Read Replies (1) of 24928
 
"These projects can all go forward and safe guard the environment too."

There's truth in your statement, but it falls short in one major respect.

On the west coast, probability of a major seismic event with accompanying tsunami is very high. Crude oil infrastructure and vessels at or near sea level will experience catastrophic effects. Widespread pollution will be unavoidable. The seismic event is a question of "when", not "if". All potentially-affected municipalities and provincial agencies are taking countermeasures. They have been, for years.

Pipelines to the south and east of Alberta will not face the prospect of multiple supertanker spills covering land and sea for thousands of square miles. Nor will they expect shaken and broken pipelines, with distribution and storage facilities spilling crude on land. This unnecessary risk and its consequences will be borne by BC residents. Not by Alberta, not by China. The profits will go to others and the losses will be borne by BC residents, who already spend heavily for seismic prevention and mitigation.

This is one of BC's unique risk characteristics, conveniently ignored in public discussion. Instead specious generalizations predominate: "Canadian environmental protection is amongst the highest in the world."

No "environmental protection" can cover this eventuality. The obvious and prudent solution is to build the infrastructure somewhere else.

Jim
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