What ROI are we looking at for the new pipeline? (vargar.org)

submitted 1 day ago by wraekscadu@vargar.org to c/canada@lemmy.ca

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Hey, sorry, I tried looking up a case study of this for myself, but couldn't find anything substantial. Do you guys have anything like this?

I'm wondering about the new pipeline purely from an economic sense.

Essentially stuff like:

Projected taxpayer funded dollars to build the entire thing (a projected bell curve of expenditure).
Projected oil demand, and price for the time that the pipeline remains operational.
Finally, a bell curve of ROI for us.

I know I know, the environmental damage this would do is horrible, blah blah blah. I agree. I just want to know if this is at the very least a good financial decision or not.

Again, I'm looking for actual quantitative projections. Not stuff like, "but Asia is moving toward renewables".

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[-] cecilkorik@lemmy.ca 6 points 1 day ago* (last edited 1 day ago)

Bingo! Give this guy a prize, they get what's going on.

Vaguely related thought: I'm pretty sure the AI bubble also has a lot to do with the fossil fuel industry transferring their wealth out of oil while at the same time wringing the last substantial profits they can out of their dying industry. They don't give a shit if it all collapses, AI datacenters are just a stepping stone that's conveniently propping up oil and gas and even coal while they evacuate their money from the collapsing building.