Western Standard - July 28, 2023


Guilbeault making policy in India, vows emissions cap by 2024


Episode Stats


Length

2 minutes

Words per minute

151.03867

Word count

349

Sentence count

26


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Corey and I discuss the announcement by Prime Minister Stephen Harper that there will be no more oil subsidies in Canada, and whether or not that's a good or bad thing. We also talk about the Trans Mountain pipeline project and its impact on the Trudeau government's ability to get things done.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 Is there going to be any change in policy that you would predict?
00:00:03.560 Would you predict there'll be any actual change in federal policy over the so-called oil subsidies?
00:00:11.380 Or is it going to be literally nothing changes and he pronounces now there are no more subsidies?
00:00:17.780 Well, he's talking about public financing for things like the Trans Mountain Pipeline that they actually own.
00:00:26.480 And so putting up loan guarantees to get the thing finished because it's about 75 percent in the ground and they're having a hard time pushing it over to the finish line.
00:00:37.460 So, you know, if they really wanted to pull loan guarantees and public financing for oil and gas projects, I suppose that would be the place to start.
00:00:48.120 Except they own the damn thing.
00:00:51.120 So, yeah, they would just be shooting themselves in the foot.
00:00:54.800 But I don't think that this is really going to amount to much.
00:00:58.680 I think if they really wanted to push it, you know, they might try to get the Canada Pension Plan to divest its oil and gas holdings.
00:01:07.420 I don't know if you could call that a subsidy or some kind of form of public financing.
00:01:12.260 But it would definitely have an impact on everybody's R.S.P. in this country because everybody who has C.P. in this country owns oil.
00:01:21.740 And that's just the fact.
00:01:23.180 Well, this might be the least terrible thing Stephen Gilbo has managed to do or arguably, as Corey argues, may be good.
00:01:32.620 Maybe the Greenies will finally say, hey, there are no more subsidies.
00:01:36.200 We killed it.
00:01:36.740 Well, they were always pointing that gun about these subsidies at us.
00:01:40.100 And now he's shown that it was a blank.
00:01:41.340 So they're going to have to find something new to attack, which I'm sure they will.
00:01:45.300 But I just wish the liberals had an equal zeal for getting rid of subsidies for other industries.
00:01:50.420 Bombardier?
00:01:50.840 Like, I don't know, the legacy media.
00:01:53.800 Wouldn't that be wonderful, eh?
00:01:54.940 I know.
00:01:55.380 I think we're going to have a great opportunity.
00:02:14.160 Oh, well, we'll be here.