Prime Minister Mark Carney says he's not worried about the prospect of increased oil production from Venezuela challenging Canada's energy exports because Canadian oil is cheaper, cleaner and lower-risk.

Carney made the comments at a press conference in Paris on Tuesday after being asked if he was concerned that U.S. President Donald Trump's play for Venezuelan oil this week increased the need to speed up the construction of another bitumen pipeline from Alberta to the B.C. coast.

"Canadian oil will be competitive because it is low-risk, clearly low-risk, low cost — the marginal costs, there's been huge progress on getting down the costs, and low carbon, which is what the Pathways project carbon capture will bring," Carney said.

"That makes Canadian oil competitive for the medium and long term," he added.

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[–] humanspiral@lemmy.ca 5 points 2 months ago

low carbon

complete BS. tar sand oil is dirtiest in the world.

low cost

doesn't compete with free. Either US or Venezuela (through lower royalty rate) tax payers will gift US companies the oil, followed by Canada/Alberta reducing their tax/royalty rates because fuck the planet.

Carney's cheerleading of Venezuela war/coercion, on the forever baseless but repeated until everyone seems to believe, that Maduro didn't win elections because US/CIA didn't want him to, is simply sycophancy that exposes Canada to be liberated from our death panel government healthcare, and as our Parliament's standing ovation in memory of the great humanist Charlie Kirk shows, we need freedom and prosperity annexation because we just hate America and love abortions.