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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[-] GreenBeard@lemmy.ca 2 points 1 day ago

I keep hoping one day someone somewhere will adopt Carbon Engineering's synthetic methane (syn gas) production from air capture technology. They're a company out of BC. If we overbuilt on renewable and converted the excess power into SynGas we could easily make up the last sticky 5% of situations we still need hydrocarbon fuel for with carbon neutral fuel. You can liquefy SynGas the same way you make LNG so we could even still export it. It would take some retrofitting, but converting those DilBit pipes to SynGas pipes is actually not that hard.