Re: “Pipeline woes have cost Canadians a whopping $117B, says TD’s McKenna,” Chris Varcoe, Opinion, Feb. 17.
Feb 24, 2018 - Frank McKenna’s statements are packed with strong conclusions in defence of Canada’s economy. Regrettably, facts tell us he is wrong.
McKenna laments the discount between the U.S. light oil benchmark, West Texas Intermediate (WTI), and Western Canadian Select (WCS), Alberta’s oilsands benchmark. He says, “this is a colossal amount of money for Canadians to lose, simply because they don’t have access to competitive markets.”
We’ve heard lots of good reasons to fix or end NAFTA, but the most important one has been ignored. It’s the energy proportionality clause, a rule like no other in the world. Under it, Canada must make available for export to the US three-quarters of its oil production and over half its natural gas. If left in place in NAFTA 2.0, the rule can single-handedly prevent Canada from achieving its Paris climate promises.
Pipeline giant Kinder Morgan Inc. is mustering its legal team to combat the B.C. government's bid to block new oil shipments off the coast, saying investors are losing patience with delays to its $7.4-billion Trans Mountain pipeline expansion project.
Lost in the heated arguments over Kinder Morgan's proposed Trans Mountain pipeline is this simple fact: more than a quarter of the bitumen flowing through it will end up as pollution spilling into our oceans — one way or the other.
All the bitumen that doesn't spill from pipelines or tankers gets burned, ending up as carbon pollution dumped into our environment. Over one quarter ends up in the oceans, acidifying them for millennia to come.
A former senior minister in the Stephen Harper government has come up with a novel argument for forcing British Columbia to accept Kinder Morgan's $7.4-billion Trans Mountain Pipeline Expansion project.
Jason Kenney, now the leader of Alberta's United Conservative Party, has launched a petition urging Prime Minister Justin Trudeau to "invoke the 'declaratory power' of the Constitution to declare BC's actions as being against the national interest".
VANCOUVER, BC, Coast Salish Territories – West Coast Environmental Law applauds a new provincial plan announced today to restrict the transportation of diluted bitumen in BC unless the science shows that spills can safely be cleaned up. A proposed regulation limiting increased bitumen shipments by pipeline or rail is a welcome safety measure for the environment and public health, say the environmental lawyers, and an important warning for Kinder Morgan if it continues to pursue its Trans Mountain pipeline and tankers project.
The B.C. government has introduced new oil spill regulations that include restrictions on transportation until "the behaviour of spilled bitumen can be better understood."
The measures announced Tuesday could complicate Texas-based energy giant Kinder Morgan's plan to expand its Trans Mountain oil pipeline from Alberta to the B.C. coast.
Oct 24, 2017 - Damning new testimony from an engineer of the locomotive involved in the deadly 2013 oil train disaster in Lac-Mégantic, Canada, reveals several ways corporate cost-cutting directly led to the accident, which claimed 47 lives.