The Canadian tar sands industry has suffered another significant setback trying to get is carbon intensive product to market in the US.
What does it say about the prospects for multi-billion dollar tar sands oil pipelines, that a national government felt the need to buy a project outright in order to try to save it? When Canadian Prime Minister Justin Trudeau decided to buy-out a failing tar sands pipeline from texas-based Kinder Morgan last month, it exposed … Read More
When it comes to pipeline regulatory decisions, we’re seeing a significant new trend: “Poison approvals” The thing about inertia is that it’s pretty hard to resist, especially when it’s been in place for decades. When it comes to oil and gas pipeline permits, the inertia in place for government agencies at all levels to simply … Read More
This briefing outlines compelling reasons for investors to question whether TransCanada should proceed with Keystone XL given various obstacles facing its construction and commercially viable operation, and suggests questions institutional financiers may wish to ask TransCanada.
This new investor briefing examines the current state of the Keystone XL pipeline and the legal, regulatory, and political obstacles that its owner TransCanada continues to face.
One year into Donald Trump’s presidency and the chaotic vortex is as dysfunctional as ever.
“When even Enbridge is calling this a subsidy, you know Alberta’s XL bailout is another desperate attempt at a lifeline for a pipeline that will never be built. Keystone XL would be a disaster for the climate, and watching governments bend over backwards to be a part of that is heartbreaking in a year where you could barely catch your breath between climate disasters.”
As millions celebrate Thanksgiving, the bosses at TransCanada will not be in a cheerful, festive mood. They will be wondering what went wrong over the last week, after they seem to have snatched defeat from the jaws of victory.
“Today was a victory for everyone working to stop Keystone XL. TransCanada did not get their preferred route which means years of new review and legal challenges are now on the table”
Today the Nebraska PSC chose to stand with Trump, climate denial, and Big Oil. Good luck with that. Whatever happens now there is precisely zero chance that the global citizen, investor, and government momentum behind the Paris goals and against the fossil fuel industry will be stopped. Even if Trump and the PSC are out, the rest of the world is #stillin.