OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
Keystone XL
Not an April Fool’s: Canadians to fund USD $5 billion KXL pipeline in middle of global pandemic
It would make a great April Fools joke. Investing $5 billion in a product that is nearly worthless in the middle of a global pandemic, which puts communities and construction workers at risk. Make sense to you? No, of course it doesn’t. You would reply: “Don’t be so stupid! That must be a joke.”
Groups Demand Immediate Halt to All Keystone XL Activity amid Coronavirus Emergency
A broad coalition of Indigenous, landowner, environmental, and conservation groups called on TC Energy to immediately halt all activity on its Keystone XL pipeline project due to the coronavirus public health threat.
Response to Keystone XL subsidy announcement from Alberta
Today, the Government of Alberta announced that it would support TC Energy’s Keystone XL oil pipeline, with a direct investment of more than USD 1 billion.
“Major Blow” to Tar Sands Industry As Enbridge Line 3 Pipeline Delayed
The Canadian tar sands industry has suffered another significant setback trying to get is carbon intensive product to market in the US.
What Canada’s Pipeline Purchase Means for Line 3 and KXL
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
Pipeline “poison approvals”: a new trend?
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
Investor Briefing: The many obstacles facing Keystone XL
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.
In Advance of TransCanada Earnings Call, Groups Release Investor Briefing on Keystone XL Obstacles
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 of Trump
One year into Donald Trump’s presidency and the chaotic vortex is as dysfunctional as ever.