Reuters) – More than two-thirds of Canadians oppose the federal government taking a multibillion-dollar writedown on the Trans Mountain pipeline, a survey showed on Tuesday, a dilemma for Justin Trudeau’s Liberals as they look to sell it ahead of an election expected by 2025.
Ottawa has sunk roughly C$35 billion ($25.6 billion) into the Trans Mountain oil pipeline, which the federal government bought in 2018 to ensure a controversial expansion project known as TMX went ahead.
The Climate Crisis: We Implore You to Act with More Urgency
An Open Appeal to Premier Eby and B.C. MLAs
Appeal to Premier Eby
Dear Premier Eby, and every British Columbia MLA,
Greetings! We are the West Coast Climate Action Network. We have 236 member groups across B.C., representing hundreds of thousands of voters. Our member organizations have authorized us to speak out.
Following a federal committee hearing that dragged a Suncor executive over the coals for his company’s plans to expand fossil fuel production, NDP MP Charlie Angus says now is the time to hold Big Oil accountable, and Ottawa is failing Canadians by not acting.
United States domestic oil production hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders.
And it conflicts with oft-repeated Republican talking points of a Biden “war on American energy.”
Now that science is naming names and calling polluters to account, how much longer can banks and pension funds hold fossil companies close?
A news story earlier this year assigning responsibility for Western Canadian and U.S. wildfires may not have looked like a real and present threat to the investments and social licence that keep the oil and gas industry operating, extracting, and polluting.
CALGARY — A B.C. First Nation is asking the Canada Energy Regulator to release its reasons as soon as possible for allowing a modification of the Trans Mountain pipeline's route.
In a letter to the regulator dated Wednesday, a lawyer representing the Stk’emlúpsemc te Secwépemc Nation (SSN) said the decision to grant the route deviation Monday without providing its reasons has left the First Nation without the ability to decide its next steps.