Greenpeace vs. Marin Katusa

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At center stage of the Vancouver Resource Investment Conference, I squared off in a highly anticipated debate to weigh the pros and cons of the controversial Northern Gateway pipeline with Greenpeace’s cofounder, Rex Weyler.

Rey Weyler cofounded Greenpeace International in 1979 and is a highly respected journalist and ecologist. He is a strong opponent of the Northern Gateway and has essentially campaigned against the project since its inception. Needless to say, he is well educated in all aspects of the proposed pipeline and is a grizzled veteran of debates and the spotlight.

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I proposed the “Sensible Solution” -  providing solutions to the situation that will benefit all Canadians and will be a net positive for all involved.

Watch the video below to see my “Sensible Solution” to the Northern Gateway, which could infuse Canada’s economy with hundreds of billions of dollars while re-hauling our aging pipeline infrastructure. This innovative idea could benefit pipeline companies, activists, and millions of Canadians across the country and completely change the way infrastructure projects are handled in Canada. Though none of this has been discussed before, we believe that it will now.

Rex and I got along quite well, and we both agreed to stay in touch and to discuss further aspects of the “Sensible Solution.” All of that discussion will be published, and the main points from both sides will be provided in the Casey publications in the months to come.

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I challenged not just the industry, but also the government and the communities and all stakeholders involved to explore the “Sensible Solution” – and you can see the main points in the debate. Enjoy.


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Additional Links and Reads

Germany still supports foreign nuclear power

Germany still receives over 20% of its power from nuclear energy, and because it plans to phase out nuclear from its generation mix, it is no surprise that it is leaning on others for energy. If Germany wishes to phase out nuclear power, it must now look to other sources to compensate. The country cannot afford to decrease its power generation in this transition, especially if it wishes to remain the financial hub of the European Union.

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Alberta’s royalty regime to take steep hit as oil prices sputter, energy minister warns

Not only are oil companies and their shareholders feeling the squeeze of discounted crude, the government is also losing billions in potential royalty revenue. The economics for a pipeline make sense, and as Marin states, there is a “sensible solution” to appease both activists and Native Americans.

Iraqi Kurds defend oil policy, reject BP Kirkuk deal

It appears that the KRG and Iraqi government are no closer in settling who controls the oil fields in Kurdistan. The KRG relies on Iraq for its oil infrastructure and significant financial aid but still wishes to remain independent. A lot of big oil companies are making deals with the KRG, which gives the government some credibility, but any significant oil deposits will be “stranded” until infrastructure is in place.

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avatarDoug Casey - Casey's Daily Dispatch posted Tuesday, January 22nd, 2013.

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