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Economics of Pipelines Topic of Talks

By 250 News

Friday, April 01, 2011 03:58 AM

Prince George, B.C.-  The economic  benefits   of an oil pipeline will be up for discussion next week at UNBC.
 
The Northern Economics Student Society (NESS) is  hosting a half-day Symposium on the Economics of Northern Gateway Pipelines.
 
The symposium will hear from  two speakers, Michael Holden, a Senior Economist at the Canada West Foundation in Calgary and  Nathan Lemphers,  an Oilsands Technical and Poliocy Analyst at the Pembina Institute.
 
Holden will talk  is entitled,  “Looking Overseas: Market Potential and Policy Considerations for West Coast Pipeline Development”
 
Lemphers  will  talk about his recent report "  “Pipeline to Nowhere?”
 
“We hear a lot about the environmental issues associated with pipelines”, said Nasser Albishi, President of NESS, “but this is a chance to hear about the economics. It’s actually a complicated issue and we will hear two experts tell us about whether the economics behind the pipelines make sense or not.”
 
Chair of the Economics Program, Dr. Fiona MacPhail, said “this should be a Symposium of interest to many in Northern BC. The pipelines are controversial projects and it’s important that all aspects and sides of the debate are considered." 
The symposium is set for Tuesday, April 5th in room 6-205/211  across from the Canfor theatre.

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Comments

Someone needs to ask them who pays the carbon credits for the increase to our national carbon limits (2012 is just around the corner)... obviously it won't be the Chinese paying, so we will through carbon penalties here in Canada, and how much will that costs our economy.... my bet is they won't even think about talking about the very negative consequence of carbon credits and carbon taxes to keep capped Canadian carbon limits. The more carbon we produce in exports to China the more restrictive carbon policy will have to be on the Canadian economy to meet our climate change obligations.

Also what about the economics from the oil company perspective when they open up domestic market to global speculation through the access gained by an export pipeline to Asia. How does the high price of fuel on the global markets benefit the domestic economy?
Why are we worried about carbon?
Because I need carbon for my sketching. I have a tough time to get nice "soft" carbon (charcoal) that does not break too easily.

With a pipeline going through here, maybe my carbon problem will be solved.

;-)
"How does the high price of fuel on the global markets benefit the domestic economy?"

We won't be able to buy so many products from overseas sources because we are spending more money on gasoline which then primes the oil pumps in Alberta.

As a result, we will have less stuff to throw away, thus resulting in lower tipping fees and lower garbage collection fees.

Win Win if I ever saw one, at least from our perspective. Wait till China finds out how much this will cost them :-)
Pembina Institute = losers. They have nothing worthwhile to add to any discussion. Lies are worthless.