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Old Posted Dec 7, 2014, 6:52 AM
SOSS SOSS is offline
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Join Date: Jan 2014
Posts: 661
My issue with both pipelines is that the risk far outweighs any benefits that BC will ever realize. When alternative technologies are making some real headway not only in the west but also places like China, oil - especially heavy oil - has a limited shelf life. Sure, it is still about 30-50 years, otherwise the oil companies wouldn't be building out the tar sands.

Some examples:

Google's Ivanpah Solar Power Facility
First Solar's Agua Caliente Solar Project
China has over 400 photovoltaic companies and doubled generation in 2013 from 2012
Then there's the work of Tesla Motor's and full electric vehicles now in various levels of production by most global car manufacturers.
Batteries are about to be revolutionized with graphene.

Another big issue I take particularly with Kinder Morgan's project is Kinder Morgan. These guys are tax evasion geniuses spawned from the likes of Enron. Remember those guys...?
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