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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[-] DriftingLynx@lemmy.ca 4 points 1 day ago* (last edited 1 day ago)

Depends on who you are... an O&G company? Nearly infinite as the public foots the infrastructure bill and you just see revenue.

But for the rest of us who's tax dollars are being spent on this insanity, it'll be zero or negative. All costs with negative benefits like less money for heathcare or road infrastructure.