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© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Canada urges Biden not to cancel oil pipeline on first day
By ROB GILLIES TORONTO©2024 GPlusMedia Inc.
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theFu
Neighbors always have little disagreements. Canada wants to sell oil. Oil refineries in the US want to buy it. It is all the people in between who are concerned about spills and other environmental impacts that want to stop it. The solution just needs to be negotiated - perhaps a $5B cleanup fund that must be pre-paid and $10M/day for any spill paid to the state where the spill happens. Those amounts should be annually adjusted for the cost of cleanup and pricing. Add in 10%-20% sharing of all net-sales (don't use profits, since corporations can use accounting to show losses every year) split between everyone with the pipeline running through their part of the world?
And when the pipeline needs to be torn down, a different fund, paid into over the life of the flow, would be pre-funded to put the entire length back the way it was before. We should be doing this for all human buildings in wild places. Include the cost to put it back in the initial cost of the building project.
There is a solution, provided all sides are truly willing to negotiate.