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Since 2009, Canada has invested better than $200 billion into extracting oil from the Alberta tar sands. Earlier this month, Prime Minister Justin Trudeau launched that his nation had agreed to purchase the Trans Mountain pipeline from Kinder Morgan for $4.5 billion. It will worth Canadian taxpayers on the very least that rather a lot or further to complete it, if it ever will get achieved the least bit. Bill Morneau, Canada’s finance minister, talked about after the acquisition announcement, “Make no mistake. That’s an funding in Canada’s future.”
Actually, purchasing for a pipeline to maneuver a lot of the dirtiest oil obtainable wherever on Earth is the error. A report in The Guardian implies that if Canada had invested in clear renewable belongings resembling wind vitality once more in 2009 as an alternative of petroleum, it might now be miles ahead.
For its $200 billion funding, Canada in 2017 derived 912 million barrels of motor fuels, adequate to vitality 73 million cars for 16,000 kilometers each — the widespread distance traveled yearly for Canadian cars.
Had that exact same $ 200 billion been invested in wind mills as an alternative, they may have generated 111,000 MW {of electrical} vitality — adequate to vitality 122 million electrical cars the an identical 16,000 kilometers.
Score: Wind 1, Canada 0
All these cars fueled by oil from the Alberta tar sands may very well be liable for 325 million tons of carbon emissions. {The electrical} vehicle fleet? Zero tailpipe emissions.
Score: Wind 2, Canada 0
Getting the tar sands oil out of the underside and altering it to fuels creates an extra 66 million tons of carbon emissions. Wind mills create no carbon emissions as quickly as they’re constructed and begin working.
Score: Wind 3, Canada 0
Oil from the Alberta tar sands costs about $40 per barrel to offer or about $ 36.5 billion a 12 months. The value of manufacturing 111,000 MW {of electrical} vitality from wind farms is about $ 7.1 billion.
Score: Wind 4, Canada 0
Based totally on gasoline prices in Fort McMurray as of Would possibly 27, 2018, it might worth Canadian drivers $2,688 a 12 months to drive 16,000 kilometers a 12 months, assuming their vehicle makes use of 12 liters of gasoline to drive 100 kilometers. Driving {an electrical} automotive identical to the Chevy Bolt the an identical distance would worth $190, assuming electrical vitality costs 6.8 cents per kWh, the present widespread worth in Alberta.
Score: Wind 5, Canada 0
Alberta And Canada Get Transient Modified
Entire up the scores, and drivers in Alberta and all residents of Canada have been shortchanged, not enriched, by their authorities’s funding inside the Alberta tar sands. The movement makes no monetary sense the least bit, although it has attracted assist from voters in Alberta who think about their financial successfully being is tied to fossil fuels. The residents of Canada must demand a refund from their authorities for poor fiscal administration of helpful taxpayer funds
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