Kinder Morgan Inc.'s KMI $5.8-billion oil pipeline expansion is threatened by the political overtures of British Columbia, which is not in favor of this project and vows to join the legal fight against it by teaming up against Canadian federal approval of the project.
Canadian authorities are seeking to beef up their oversight of publicly-traded companies so that they come clean about the costs of doing business on a warming planet.
May 15, 2017 - The federal government will unveil a carbon-tax plan this week that would provide breaks for major industrial emitters, while ensuring most Canadians families get rebates to offset higher energy bills.
[ Editor: Oh really!! Trudeau: 'No country would find 173 billion barrels of oil in the ground and leave them there' ]
For the first two-and-half days of the CERAweek energy conference in Houston, Canada didn't make many waves. If you played a drinking game and took a shot every time Canada was mentioned on the main ballroom stage, you'd have been still sober midway through the week.
Kinder Morgan Inc (KMI.N) has begun talks with institutional investors including major Canadian pension funds and private equity firms to raise capital for the $6.8 billion expansion of its Trans Mountain pipeline project, according to people familiar with the process.
Kinder Morgan has held discussions with Canada Pension Plan Investment Board, the Caisse de depot et placement du Quebec and Ontario Teachers' Pension Plan Board, three of the biggest Canadian pension funds, the people added. It was unclear whether these talks were continuing.
Jan. 06, 2017 - China is rapidly gaining dominance in the fast-growing, global renewable energy market, as state-owned companies make massive overseas investments to secure the country’s leadership.
[VESG member reports:"David Black of Black Press was on the CBC Early Edition this morning arguing against Kinder Morgan and for setting up a refinery on the north coast instead (Prince Rupert?). He had some interesting nuggets on the Exxon Valdez grounding.
1) The ship lost only 8% of its load. [Editor: Black said an eighth of its load]
2) The most intensive part of the cleanup took four years.
3) 11,000 workers and 1,400 vessels were involved.
4) Only 7% of the spill was actually able to be cleaned up.
Dec 27, 2016 - On the first day of the new year, Ontario will launch its cap-and-trade system on carbon in a bid to vault the province to the front lines of the battle against climate change.
It is the centrepiece of the Wynne government’s Climate Change Action Plan, meant not only to meet tough targets for slashing greenhouse gas emissions but to spark a sweeping transition to a low-carbon society by changing the way Ontarians get around, heat their homes and run their businesses.
