It’s possible that I shall make an ass of myself. But in that case one can always get out of it with a little dialectic. I have, of course, so worded my proposition as to be right either way (K.Marx, Letter to F.Engels on the Indian Mutiny)
New U of C research finds negative overall impacts from coal mining in Rockies
The mine would displace ranching and tourism as well as damage water and wildlife
The Canadian Press ·
An aerial view of Tent Mountain in southwestern Alberta, which was the site of an open-pit coal mine that was active decades ago but has since been abandoned. (Montem Resources)
An analysis from the University of Calgary concludes that a coal mine on protected land on the eastern slopes of the Rocky Mountains wouldn't be an overall benefit to Alberta.
A paper from the university's School of Public Policy says the overall economic, social and environmental impacts of such a development would be negative.
Jennifer Winter, who teaches economics, says she and her colleagues went beyond the usual weighing of wages paid and taxes remitted.
She says her group's paper, released this morning, tries to bring non-monetary factors into cost-benefit assessments usually limited to dollars and cents.Winter says the latest information on coal markets suggests such a mine would be marginally profitable and that its job and tax benefits would be small in relation to Alberta's economy.
Meanwhile, a mine would displace ranching and tourism, damage water and wildlife, and create a risk that taxpayers would end up paying for cleanup.
The paper doesn't refer to any particular coal project, but draws heavily on information presented at the hearings into the Grassy Mountain proposal, which was recently turned down after hearings by provincial and federal regulators.
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