Austan Goolsbee, former chairman of the White House Council of Economic Advisers, believes the activists who successfully opposed the Keystone XL tar sands pipeline are “naive.” “It’s a bit naïve to think the tar sands would not be developed if they don’t build that pipeline,” Goolsbee said today in Toronto at the Economic Club of Canada, reports Bloomberg. “Eventually, it’s going to be built. It may go to the Pacific, it may go through Nebraska, but it’s going to be built somewhere.” Goolsbee’s bet that the carbon bomb of Canada’s tar sands will be developed is a bet for climate destruction.
According to the Financial Post, it’s Goolsbee who is naive. “The reality is that anything short of a go-ahead in December for Keystone XL would plunge the oil sands sector into disarray until new solutions move forward,” Canada’s top business magazine wrote just before President Obama spiked the pipeline.