{"id":14068,"date":"2020-10-10T02:30:38","date_gmt":"2020-10-10T02:30:38","guid":{"rendered":"http:\/\/allanhardingmackay.ca\/courtpainter\/?p=14068"},"modified":"2020-10-10T02:37:48","modified_gmt":"2020-10-10T02:37:48","slug":"stranded-assets","status":"publish","type":"post","link":"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=14068","title":{"rendered":"stranded assets&#8230;"},"content":{"rendered":"\n<figure class=\"wp-block-gallery columns-0 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><ul class=\"blocks-gallery-grid\"><\/ul><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Excepted from Tyee article by   <a href=\"https:\/\/thetyee.ca\/Bios\/Andrew_Nikiforuk\/\">Andrew Nikiforuk<\/a>&nbsp; ,October 9.2020<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">The Australian Invasion: Big Coal\u2019s Plans for Alberta<\/h4>\n\n\n\n<h5 class=\"wp-block-heading\">Speculators from Down Under aim to carve up the Rockies with a chain of open-pit mines amid growing revolt.<\/h5>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/20888102-810x445-1554557259-3.jpg\" alt=\"\" class=\"wp-image-14077\" width=\"810\" height=\"445\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/20888102-810x445-1554557259-3.jpg 810w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/20888102-810x445-1554557259-3-300x165.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/20888102-810x445-1554557259-3-768x422.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><figcaption><strong>Premier Jason Kenney <\/strong><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Two Australian billionaires and four coal mining companies with names including Atrum and Montem plan to industrialize nearly 800 square kilometres of the southern Canadian Rockies to supply steel-making coal for Asian and Brazilian markets.<a href=\"https:\/\/thetyee.ca\/News\/2020\/10\/09\/Australian-Invasion-Big-Coal-Plans-Alberta\/?utm_source=daily&amp;utm_medium=email&amp;utm_campaign=091020#series-listview-link\"><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jason Kenney&#8217;s government ,in addition to rescinding the Coal Policy,  has sent letters of support to Australian mining speculators offering them less red tape and lower corporate taxes. As well, it has promised speedy permitting. And it has staffed the Alberta Energy Regulator, which will review each coal mining project, with people whose pasts are aligned with resource extracting corporations. One is the self-described \u201cpolitical activist\u201d John Weissenberger, who worked on Jason Kenney\u2019s election campaign.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Jasons-choice.jpg\" alt=\"\" class=\"wp-image-14076\" width=\"900\" height=\"712\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Jasons-choice.jpg 900w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Jasons-choice-300x237.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Jasons-choice-768x608.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Court-Painter-lump-of-coal.jpg\" alt=\"\" class=\"wp-image-14078\" width=\"974\" height=\"912\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Court-Painter-lump-of-coal.jpg 974w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Court-Painter-lump-of-coal-300x281.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Court-Painter-lump-of-coal-768x719.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption>Court Painter with painting : <strong>Stranded asshole Robin Campbell<\/strong> <\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Coal Association Canada president Robin Campbell lobbied to achieve what Australian mining companies wanted, the killing of Coal Policy restrictions on open-pit mining in sensitive areas of the Rockies. <strong>He\u2019d previously served as Alberta\u2019s environment minister<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Revolt in Alberta\u2019s ranchlands<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government\u2019s cozy relationship with Aussie coal miners and speculators has alarmed and outraged landowners and ranchers who graze cattle in the eastern slopes, used for that purpose since the turn of the century.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"240\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/lumps-1024x240.jpg\" alt=\"\" class=\"wp-image-14075\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/lumps-1024x240.jpg 1024w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/lumps-300x70.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/lumps-768x180.jpg 768w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/lumps-1536x361.jpg 1536w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/lumps-2048x481.jpg 2048w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/lumps-1200x282.jpg 1200w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Water scientist David Schindler, a noted professor at the University of Alberta, called the mine proposals short-sighted and foolhardy.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe best example of why you shouldn\u2019t mine in mountain watersheds comes from Appalachia where mountaintops have been pushed into streams, aquifers have been destroyed and selenium and other toxic trace metals contaminate the watershed.\u201d&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He sees a lesson in Alberta\u2019s experience with the oilsands, now losing investors as analysts predict that globally climate change regulations and low prices will render bitumen mining projects \u201cstranded assets\u201d incapable of breaking even.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the Australian invasion is given free rein, \u201cthe coal will not be used for long,\u201d said Schindler, \u201cso again Alberta will be left with stranded assets,\u201d along with a legacy of degraded landscapes.&nbsp;<img loading=\"lazy\" decoding=\"async\" width=\"12\" height=\"16\" src=\"https:\/\/thetyee.ca\/ui\/img\/ico_fishie.png\" alt=\" [Tyee] \"><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Court-Painter-stranded-assholes.jpg\" alt=\"\" class=\"wp-image-14081\" width=\"1000\" height=\"714\" srcset=\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Court-Painter-stranded-assholes.jpg 1000w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Court-Painter-stranded-assholes-300x214.jpg 300w, https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/10\/Court-Painter-stranded-assholes-768x548.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption>Court Painter with painting,<strong>Stranded Assholes.<\/strong><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Excepted from Tyee article by Andrew Nikiforuk&nbsp; ,October 9.2020 The Australian Invasion: Big Coal\u2019s Plans for Alberta Speculators from Down Under aim to carve up the Rockies with a chain of open-pit mines amid growing revolt. Two Australian billionaires and four coal mining companies with names including Atrum and Montem plan to industrialize nearly 800 &hellip; <a href=\"https:\/\/allanhardingmackay.ca\/courtpainter\/?p=14068\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;stranded assets&#8230;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-14068","post","type-post","status-publish","format-gallery","hentry","category-images","post_format-post-format-gallery"],"_links":{"self":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/14068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14068"}],"version-history":[{"count":13,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/14068\/revisions"}],"predecessor-version":[{"id":17742,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/14068\/revisions\/17742"}],"wp:attachment":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}