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tankers



CRED reacts: must see real economic assessment before federal “pipeline push”

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On September 12th the federal government announced a new strategy to garner support in BC for the development of new oil pipelines.

In response, CRED is calling on the federal government to do a full assessment into the economic risks of new oil pipelines before pushing for their approval.

If the government is serious about protecting the long-term prosperity of Canadians, there needs to be a real consideration of whether new oil pipelines could hurt more jobs than they create. Over 80% of British Columbians work in the service sector – they need to know that their jobs aren’t at risk of similar impacts as seen after oil spills in the Gulf of Mexico and elsewhere across North America.

Meeru Dhalwala, co-owner of celebrated local restaurants Vij’s, Rangoli and Shanik and CRED advisor, says:

Tourism is a key source of income for our BC economy, particularly in Vancouver.?I’ve read much on both sides of the argument and I am not at all convinced that the relatively few permanent jobs created by new oil pipelines are worth the massive risks–the most important risk being a major and expensive oil spill that would devastate our waters, wildlife and economy.”

UBC economist and CRED advisor Dr Rashid Sumaila echoes the need for a robust, independent cost-benefit analysis:

Any decision about whether to approve a new pipeline in BC needs to weigh economic costs against the benefits, especially for those of us who live and work along the pipeline and tanker routes.

How might a new pipeline impact the brand of Vancouver? How would it affect the price of gas in the lower mainland? If a significant spill were to occur, how many jobs would be lost? How much would an oil spill cost to clean up and who would pay? All of these questions need to be carefully considered before sending delegates to BC to campaign for approval.

Oil spill expert says tankers too risky on BC’s coast

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A Vancouver Sun article reports developments in the Enbridge hearings in Victoria this week:

A marine consultant involved in B.C. oil-spill issues for a quarter century says the risks of a tanker oil spill associated with Enbridge Northern Gateway are simply too great for the project to proceed.

Gerald Graham of Victoria-based Worldocean Consulting Ltd. said that calculations based on Enbridge’s own research show there is a 8.7-to-14.1-per-cent chance of at least one tanker spill greater than 31,500 barrels over a 50-year period, depending on whether the pipeline has a 525,000 or 850,000 barrel per day capacity.

“The consequences of a major oil spill along B.C.’s north coast … could be catastrophic and irreversible,” he says in a submission to the Joint Review Panel studying the Enbridge proposal. “Couple this potentially disastrous outcome with a one-in-seven chance of one or more major spills occurring, and the overall threat level posed by Northern Gateway becomes unacceptably high.”

Read the full article here