Over the weekend, as news broke that Kinder Morgan suspended their non essential spending on the embattled pipeline from Edmonton to the BC coast, Alberta premier Notley floated the idea of partnering with the company to get past BC’s opposition to it.
But in the three days since, Notley is making an even more outrageous offer: Alberta could buy the Trans Mountain pipeline project outright and take the federal government as their investment partner!
Going into the oil biz with a Prime Minister named Trudeau? What could possibly go wrong?
Spending tax dollars on a project the private sector already funded on its own will not change the opposition at the other end of this pipeline.
Just ask BC Environment Minister, George Heyman. He said the “dispute over the Kinder Morgan Trans Mountain pipeline should be settled in court. If Alberta or the federal government invest in or buys the Kinder Morgan pipeline BC's approach won't change.”
Buying a pipeline with money we don’t have isn’t going to get Alberta social license from her enemies any more than Notley’s carbon tax did.
The opposition has already been bought and paid for by foreign entities - they don’t want our green tithings.
Social license isn’t real. It doesn't exist. But the financial risk being transferred from Kinder Morgan to Albertans is as real as it gets.