The Editor,
I am extremely concerned about the likelihood of our government giving a bailout to the Big Oil companies. Over the years they have benefited from effective government 'subsidies', including the federal government's billions of dollars buying the Trans-Mountain pipeline expansion project (TMX).
World oil prices are down, investors are turning away from Big Oil, climate change is real and the detrimental effects increasing. When will they get that it is past time to find a better energy alternative(s)?
I was born and raised on Vancouver Island, have seen the forestry, fishing and mining industries decline, and our young people having to go elsewhere for jobs. I get it.
I am retired and two years ago divested my RRSP's of any known fossil fuel assets. I've done just fine since. Yes, I drive a car (not much now and use transit where I can) and use petroleum products and bi-products. Where there are affordable alternatives I use them.
No one is saying petroleum products will be totally eliminated or that it will be immediate. What is immediate is the need to not waste any more money on Big Oil subsidies and the TMX and put most of our money and effort into finding something better.
Wendy A Robb, Coquitlam
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