Lender considers ending pipeline money

[maryjane48]

http://www.cbc.ca/beta/news/canada/calg ... -1.4196866


a major backers of pipelines is th8nk8ng about ending that based on concerns for the enviroment

[maryjane48]

http://m.huffingtonpost.ca/2017/07/10/d ... a-homepage


it is official now. they have suspended all pipeline loans except for transmountain. they say now they are committed to that project but who knows . that could change if there are delays because of court cases

[Veovis]

So the biggest group of tiny banking power makes CBC some headlines to look like it matters.

Fun.

And pointless. I love how you feel it's a moral play when it 100% a business play for the clientele they have and the rates they will change based on it.

I could pee on the road and call it a monsoon and it would play an accurate effect as this.


I don't fault them, it's a business choice, investing companies and banks make them every day, some I like some I don't. None are an actual political statement though many will make them into one.

[maryjane48]

So the biggest group of tiny banking power makes CBC some headlines to look like it matters.

Fun.

And pointless. I love how you feel it's a moral play when it 100% a business play for the clientele they have and the rates they will change based on it.

I could pee on the road and call it a monsoon and it would play an accurate effect as this.


I don't fault them, it's a business choice, investing companies and banks make them every day, some I like some I don't. None are an actual political statement though many will make them into one.

um they said in their own words it was a reflection of the times . people do not want to invest in carbon anymore . there is greener pastures so to speak . if they kill funding for transmountain its over . dead in the water . . time move on or get left behind .

[hobbyguy]

It is called "virtue signalling". No substance, and all for show.

[The Green Barbarian]

people do not want to invest in carbon anymore . there is greener pastures so to speak . .

They don't want to invest in something that won't provide a decent return. It has nothing to do with "carbon". People also don't want to invest in typewriters and buggy whips. I know you want to spin this as some anti-oil thing.

[westbankkid]

Desjardins are small potatoes when it comes to investors in Kinder Morgans 7 billion dollar pipeline. They are supplying 145 million which is a drop in the bucket. I'm sure KM is not very worried about them.

[maryjane48]

rwede time to get with the times . westkid you need to become westman the pipeline be shipping weedoil

[Queen K]

https://www.castanet.net/news/Business/ ... k-to-start

Seems it's going ahead.

I wonder if Horgan will put an end to it or see it's not going to be valuable to put an end to it.

[Jflem1983]

So sick of these worker hating posts . Why do you hate working people . Do you have a car . Does it burn gas . Do you have gas water heater and furnace . We need this stuff . I don't see you complaining about burning tires at your standing rock protests

[Queen K]

What work hating posts?

I'm wondering what's going to happen.
JFlem you okay?

[Jflem1983]

I just don't understand some people they are apparently against everything .

[Jflem1983]

While at the same time supporting every bad idea under the sun . We have to vote against these people . It's actually scary

[Queen K]

Who is supporting "every bad idea under the sun" and what bad ideas would those be?