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  #841  
Old Posted Dec 3, 2019, 9:37 PM
accord1999 accord1999 is offline
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Originally Posted by WarrenC12 View Post
How's the industry doing in developed nations?
Not so bad if you're exporting it.

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  #842  
Old Posted Dec 3, 2019, 9:43 PM
Pinus Pinus is offline
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Originally Posted by accord1999 View Post
Not so bad if you're exporting it.

You have no idea how controversial coal mining is in Australia, it basically equates to our squabbling over oil and gas and pipeline development. It can decide elections at times, one way or another. The major source of tension is the effects that mining contribute to the beaching and destruction of the Great Barrier Reef.
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  #843  
Old Posted Dec 3, 2019, 9:53 PM
accord1999 accord1999 is offline
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Originally Posted by Pinus View Post
You have no idea how controversial coal mining is in Australia, it basically equates to our squabbling over oil and gas and pipeline development.
It's controversial, but it still ends up being Australia's #1 or #2 biggest export by value and where Australia is usually the largest exporter in the world. Whatever the politics, it is still an economically viable and important resource globally.

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It can decide elections at times, one way or another. The major source of tension is the effects that mining contribute to the beaching and destruction of the Great Barrier Reef.
Yes, this probably helped the more coal-supportive Coalition win the last federal election against most polling predictions thanks to strong results in Queensland where much of the protests against new coal production has been focused.
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  #844  
Old Posted Dec 3, 2019, 10:10 PM
Pinus Pinus is offline
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Yes, this probably helped the more coal-supportive Coalition win the last federal election against most polling predictions thanks to strong results in Queensland where much of the protests against new coal production has been focused.
That is federally. From a state perspective, Labor has held power and they have been staunchly against coal mine development.....until recently when they did an about-face due to the poor performace from the Labor party and have now all of a sudden become "coal friendly". Should the population once again go against coal, the tide could easily turn once again. Time will tell.

In addition, the Northern Territory government has now lifted their moratorium for on-shore LNG fracking, despite the majority of NT residents against the practice, simply because their econmony has been destroyed by both the CLP and ALP territory governments. Had this not been the case, the moratorium would have never been lifted.

Last edited by Pinus; Dec 3, 2019 at 11:12 PM.
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  #845  
Old Posted Dec 3, 2019, 11:33 PM
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misher misher is offline
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What you can do when the government is on your side instead of doing its best to benefit its friendly dictators:

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While Canada hesitates, Russia builds 3,000 km gas pipeline to China in just five years:
At 10 times the size of our Coastal GasLink, Power of Siberia set to carry five billion cubic metres by 2020 and bring in $400 billion over 30 years

Through its agreement with China, Russia is very clearly trying to take more of the global liquefied natural gas market share, said Jordan McNiven, analyst with Tudor, Pickering Holt & Co. The country is also constructing pipelines that expand its reach far into Europe. The Nord Steam 2, an undersea pipeline, will deliver Russia’s natural gas as far as Germany, while the TurkStream pipeline will run to Turkey and into Southern Europe.

Canada, meanwhile, has lagged on its energy infrastructure projects. The country’s gas exports all head to the U.S., McNiven said, because while China is an appealing market that it would like to target, Canada does not even have an LNG export terminal that would allow it to become a global exporter.

The $40 billion LNG Canada terminal is currently under construction in Kitimat, B.C., but is not expected to be completed until 2024. The pipeline expected to feed it, a 670 km project called Coastal GasLink has been in the works since 2012, but mainline construction is only set to begin between 2020 and 2021. The Power of Siberia is 10 times the size and was built in just over five years.
https://business.financialpost.com/commo...gas-pipeline-to-china-in-just-five-years
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  #846  
Old Posted Dec 3, 2019, 11:43 PM
milomilo milomilo is offline
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Canada GDP per capita: $45,000
Russia GDP per capita: $10,000

Remind me again which government is on the side of the people?
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  #847  
Old Posted Dec 4, 2019, 12:30 AM
Franco401 Franco401 is offline
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Originally Posted by misher View Post
What you can do when the government is on your side instead of doing its best to benefit its friendly dictators:


https://business.financialpost.com/commo...gas-pipeline-to-china-in-just-five-years
>government is your side

>corporate handouts

pick one
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  #848  
Old Posted Dec 4, 2019, 12:38 AM
lio45 lio45 is offline
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Not to mention, I'm sure if there happens to be a Siberian tribe's ancestral lands in the path of the pipeline, that doesn't stop the Russian bulldozers for very long.
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  #849  
Old Posted Dec 4, 2019, 12:42 AM
lio45 lio45 is offline
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On the other hand, I'm sure JT will praise the rapidity at which the Russians were able to get this thing built. There's a famous comment from him on the record already!

And it's true:
(we just don't expect our politicians to say it out loud!)

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  #850  
Old Posted Dec 4, 2019, 4:08 AM
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Originally Posted by misher View Post
Even better let’s kill our western provinces industries but support the same thing in the east and Middle East
I thought the oil was being purchased mainly from African countries. Still controversial though.
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  #851  
Old Posted Dec 4, 2019, 4:21 AM
milomilo milomilo is offline
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It matters not the slightest bit where their oil comes from, unless you think the consumer should pay more and subsidize Canadian oil.
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  #852  
Old Posted Dec 4, 2019, 4:22 AM
swimmer_spe swimmer_spe is offline
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It matters not the slightest bit where their oil comes from, unless you think the consumer should pay more and subsidize Canadian oil.
Every Albertan thinks that.
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  #853  
Old Posted Dec 4, 2019, 4:41 AM
Corndogger Corndogger is offline
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Originally Posted by milomilo View Post
It matters not the slightest bit where their oil comes from, unless you think the consumer should pay more and subsidize Canadian oil.
It matters a lot. Much better that we keep the money within the country than send billions to countries with sketchy human rights records, lax environmental standards and in many cases hate us. Your point about consumers subsidizing Canadian oil shows that you don't understand the market.
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  #854  
Old Posted Dec 4, 2019, 5:02 AM
milomilo milomilo is offline
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Originally Posted by Corndogger View Post
It matters a lot. Much better that we keep the money within the country than send billions to countries with sketchy human rights records, lax environmental standards and in many cases hate us. Your point about consumers subsidizing Canadian oil shows that you don't understand the market.
Commie corndogger strikes again! Why don't you support free trade? You like being poor?
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  #855  
Old Posted Dec 4, 2019, 5:03 AM
milomilo milomilo is offline
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Originally Posted by swimmer_spe View Post
Every Albertan thinks that.
Not me. Unlike my fellow socialists in this province, I support free markets.
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  #856  
Old Posted Dec 4, 2019, 5:41 AM
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Originally Posted by milomilo View Post
Not me. Unlike my fellow socialists in this province, I support free markets.
Slave labour and polluting will generally be cheaper. So by certain members of this forums argument we should buy cheap and kill our own industry because our industry is bad for the environment but others we can ignore.
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  #857  
Old Posted Dec 4, 2019, 5:48 AM
milomilo milomilo is offline
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Originally Posted by misher View Post
Slave labour and polluting will generally be cheaper. So by certain members of this forums argument we should buy cheap and kill our own industry because our industry is bad for the environment but others we can ignore.
We should buy and sell all products on the world market. Protectionism is bad.
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  #858  
Old Posted Dec 4, 2019, 5:49 AM
Corndogger Corndogger is offline
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Originally Posted by milomilo View Post
Commie corndogger strikes again! Why don't you support free trade? You like being poor?
I support energy security. If our access to oil was cut by foreign powers you'd be a lot more than poor. Do you like suffering?
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  #859  
Old Posted Dec 4, 2019, 5:53 AM
milomilo milomilo is offline
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For starters, how would it be cut? You're talking about a world war situation. Second, we can move oil by rail in this absurd scenario you are envisioning. Third, why is oil so special? If you want a Canada only market for oil, why not for other products?
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  #860  
Old Posted Dec 4, 2019, 5:54 AM
Corndogger Corndogger is offline
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Originally Posted by milomilo View Post
We should buy and sell all products on the world market. Protectionism is bad.
Being held hostage to foreign energy suppliers is a lot worse. Not doing anything to prevent it from happening is just plain stupid.
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