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Enbridge pipeline faces new costs and conditions, but not Keystone-style carbon test

  • Canadian regulatory approval of the Northern Gateway pipeline doesn't feel like much of a victory for Enbridge (ENB), which now faces higher costs and more opposition from aboriginal and environmental groups.
  • ENB contested the National Energy Board’s C$7.9B cost estimate but conceded its current C$6.5B projection likely will increase when it updates costs in Q1.
  • Among the regulator’s 209 conditions imposed on ENB: liability coverage of C$950M, compensation for aboriginal hunters and fishermen, building extra oil storage in the event of disruptions, research on heavy-oil spills, establishing an emergency response plan.
  • One condition not imposed: the sort of carbon emissions test Pres. Obama says will guide the U.S. decision whether to allow TransCanada's (TRP) Keystone XL pipeline to proceed - Keystone backers say the proliferation of projects such as Northern Gateway show the oil will get to market, one way or another.
Comments (12)
  • Of course the oil will get to market. Anybody that doesn't understand this fact would have to be a wacky, misguided environmentalist or a Leftist/Socialist.
    21 Dec 2013, 10:40 AM Reply Like
  • Care to try again? I'm one of those people you like to label wacky environmental socialist. I've argued from day one that keystone should go forward because that oil will either go to us or to China. I'd rather it go to us. The original delay was because Nebraskan cattle ranchers objected to it being routed over the Ogallala aquifer. Are Nebraskan cattle ranchers also wacky environmental socialists?
    21 Dec 2013, 11:20 AM Reply Like
  • Hey SanDiego, I don't think he means people like you -- he means the wacky ones. There are different types of people who call themselves environmentalists. Some are logical intelligent people who look at both sides and try to find a workable solution or alternative. I suspect you fall into this category. Then there are the others.
    21 Dec 2013, 12:01 PM Reply Like
  • It's just getting extremely tiresome and off putting that those of a certain ideological persuasion always feel compelled to start off by announcing that anyone who doesn't agree with them on every ideological point is "obviously" a marxist traitor who hates freedom and wants to shred the Constitution. Gimme a break.
    21 Dec 2013, 06:09 PM Reply Like
  • Unfortunately, we have many of those in Canada!!
    22 Dec 2013, 04:10 PM Reply Like
  • Isn't it amazing the the envirowacko lefties consume just as much oil as the rest of us. They drive, fly, buy, eat, etc,---all activities that require oil but they somehow want all that oil to suddenly be made from pixie dust.
    21 Dec 2013, 11:16 AM Reply Like
  • I personally have no problems with pipelines but I don't have one running through my land. Couldn't honestly state that if one were proposed, to go through my land, how I would feel about it.
    21 Dec 2013, 11:22 AM Reply Like
  • Like all great journeys - all begin with 1 step. This is the first of many steps along the way for Gateway. If the anti-everything folks who dump money into protest are limited to time lines as is proposed the line may actually get into service.

     

    I expect the line to have a thorough review and develop contingency plans that are workable. That is known as responsible development.
    21 Dec 2013, 01:45 PM Reply Like
  • And what about the people that live down wind from the tar sands that are getting cancer that have lived there forever ? Or are they just another "step" so the very GREEDY few can live their lives in luxury no matter what the COST ?
    22 Dec 2013, 12:02 AM Reply Like
  • We are talking pipeline here!

     

    If you want to talk about the oil producing sands and shales you should go there and see / understand what you are talking about. We all suffer from emissions - all emissions - and that is not to be taken lightly.

     

    The Ft McMurray area is sparsely populated with NOBODY living on the down wind side for about 600 miles. The new production operations are SAGD not open pits. The emissions are co2 and some others that come from natural gas fired boilers and power plants.

     

    If there is to be a production debate it will take way more space than this.
    22 Dec 2013, 10:58 AM Reply Like
  • Green Peace announced they will oppose Northern Gateway in the courts and with civil disobedience, and promised it will never be built.
    They are "wackos" in my book.
    Pseudo religious fanatics.
    21 Dec 2013, 11:11 PM Reply Like
  • We should require a carbon-emission test on Obama's Air Force One and Al Gore's collection of carbon emitting jets. If we don't take Canada's oil than China will. I wonder which country has the lowest emission standards?
    22 Dec 2013, 02:22 PM Reply Like
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