Editor:
Premier Jason Kenney jumped the gun last month when he pledged $1.5 billion in equity investment as well as $6 billion in loan guarantees to the Keystone XL pipeline.
He said "the current crisis calls for dramatic action now."
He seemingly ignored the 10-year opposition to the pipeline by environmental and other invested groups, which will surely raise their head again.
Also there is the uncertainty of the impending election south of the border.
U.S. President Donald Trump's thumbs up has been squashed yet again by a court injunction, which Kenney shrugs off as a "regulatory complexity."
Democratic presidential candidate Joe Biden just announced his intention to just rip up the existing approval if he becomes president.
Last year in an interview, Kenney brushed off the idea of institutional investors growing focus on climate change, saying there are more important things for investors to look at.
Look where that got us.
Marilyn Foxford,
Canmore
