BC says it will continue to fight pipeline expansion

BC says it will continue to fight pipeline expansion

He said he learned of the decision to buy the pipeline in a 5:45 a.m. phone call from Prime Minister Justin Trudeau.

It's possible they do mesh, Kinley said, but it's up to the government to explain how Trans Mountain squares with a commitment to reduce emissions by 30 per cent by 2030.

"Our government is determined to defend British Columbia's interests within the rule of law and in the courts", he said.

"The economy in general we're concerned about jobs".

"We should have let free market do its thing". "Because this idea makes no sense at all", Nathan Cullen said in question period.

'It seems completely insane, ' May said. "What has been accomplished is the complete destruction of investor confidence in British Columbia".

"The Indigenous rights concerns, the concerns over who has jurisdiction provincially or federally, so all of the concerns that were in place that Kinder Morgan was looking at...the federal government now has taken on all of that as well as spending $4.5 billion for the old pipeline, let alone the new one".

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KMI "cut creative deals with lenders and oil producers to shield itself from massive write-downs like the ones taken recently by rivals TransCanada and Enbridge in canceling controversial pipeline projects", Reuters reports.

Mark Bigland-Pritchard said the amount of bitumen produced from existing projects already exceeds the goals of the Paris Climate Accord. Opponents of the project include several environmental groups and the Union of BC Indian Chiefs.

Canada on Tuesday agreed to buy the pipeline for C$4.5 billion ($3.5 billion) in an effort to save a project that faces formidable opposition from environmentalists and British Columbia officials anxious the pipeline could spill its tar-like heavy oil. If B.C.'s minority government, dependent on a handful of Green Party legislators, can scuttle Trans Mountain, federal authority and credibility are out the window. "This project is never going to be built". "Now, British Columbians and Canadians are left paying for Horgan's historic blunder". "It should have gone ahead without government investment", said Jim Meckelborg, an economist in the oil and gas sector.

In a news release on April 8, Kinder Morgan CEO Steve Kean said, "If we can not reach agreement by May 31, it is hard to conceive of any scenario in which we would proceed with the project". "Investing in this pipeline is like investing in the horse and buggy industry at the advent of the auto". He calls the move a "devastating blow" to energy investment in Canada.

"Cheam formed partnerships with 13 companies involved in the pipeline construction process, and during the post-construction phase", Crey said, adding some are national companies, while others are local. "We rallied people and we said to them "please, help us with this" and the people of Canada, they did that".

What's more, a poll in April found that a growing number and a majority of British Columbians actually support the pipeline project.

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