Category: Pipelines

Would 7¢ fines deter improper acts?

4156b-teachers

A fine of $100,000 to Enbridge is equivalent to a fine of 7¢ to a Canadian earning median income. Looking at net assets, a fine of $100,000 to Enbridge is equivalent to a fine of 45¢ to a person at the Canadian median. Finland is a nation that believes in both progressive taxation and progressive punishment. A millionaire businessman was fined €54,000 ($73,000 CAN) for speeding. It is part of a tradition of “progressive punishment” that considers ability to pay.

Truthiness – UPDATED

Truthiness - UPDATED

The bright minds at Kinder Morgan have re-refined advertising in their effort to build support for the inner harbour of Vancouver becoming a site for major bitumen exports. Now the tag line used is: “Committed to safety since 1953.” Of course, this remains fundamentally false since the Trans Mountain pipeline, built in the mid 20th century, was not acquired by Kinder Morgan until 2005. Previous pipeline operators may have been committed to safety but those people are long gone. Today, Kinder Morgan chooses not to stand on its own record across North America; they prefer to appropriate the reputation of Trans Mountain’s departed owners…