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View Richard Cannings Profile
NDP (BC)
Madam Speaker, I really respect the member for her respect of the environment.
I want to get back to the economics of this project. The company has said, when we read between the lines, that it could not find a partner to carry this project forward. It needed $20 billion.
One of the Conservative members pointed out that companies do not look at spot prices. Well, of course they do not. They look 20, 30 or 40 years down the road. Increasingly, the economic analysis has shown that this is not going to be a good investment for 30 years. That is why big companies, like BlackRock and other big investments firms, are pulling back from the fossil fuel industry.
I wonder if the member could comment on that, because that is at the crux of all of this.
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