Energy East pipeline cancelled

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If he had seen the light of day, the pipeline Energy Is reported to have transported each day, 1.1 million barrels of crude oil from Alberta or Saskatchewan to destination refineries in eastern Canada and a port terminal in New Brunswick, a distance of 4500 kilometers. It said it had to review an NEB panel's decision to allow consideration of greenhouse gas emissions caused by producing and processing the oil transported in the pipeline, an unprecedented expansion of the scope of the inquiry.

"The Board typically considers direct GHG emissions from construction and operations activities when assessing facilities applications", the board wrote in a letter to TransCanada.

"We're disappointed. We supported the Energy East pipeline because it would have provided supply options and access to western Canadian crudes for our Montreal refinery and also would have provided access to new markets which is critical for Canadian producers". According to analysis from the group, Energy East would have added 236 million tons of additional greenhouse gas emissions every year. The climate math is sadly simple-the carbon contained in Alberta's tar sands must stay there.

The Quebec government soiught an injunction against the Energy East pipeline project in March of 2016. Not having pipelines means less tar sands out of the ground.

"Obviously it's not great that they've canceled the project, but overall I think it was anticipated", said Manash Goswami, a Portfolio Manager with First Asset Investment Management Inc. Rail cars need to be heated, and special equipment is required to unload the oil.

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Alberta Premier Rachel Notley is "deeply disappointed" by TransCanada's decision to pull the plug on the proposed Energy East pipeline - a project that would have created jobs and benefits across the country.

Groups including Greenpeace Canada, the Council of Canadians and the David Suzuki Foundation said in a letter to the federal pipeline regulator that it should suspend the review process while waiting for new information from the company.

"This was an investor decision that resulted from the low global price of oil". There are now no new tar sands extraction projects planned in Canada. He said his province wasn't banking on Energy East - but having certainly wouldn't have hurt.

October 8, 2015: Environmental group Environmental Defence says the National Energy Board is rushing the process for Energy East by gathering oral traditional evidence from aboriginal bands before it has received a complete application. Kinder Morgan's TransMountain pipeline has come under fire for inadequately consulting with indigenous communities along the route, and it had a "very bad" environmental review, Scott said. The pipeline, which drew pointed opposition in Quebec, was undergoing an environmental review in that province. The Federal Court of Appeals in Vancouver is hearing arguments this week and next on a slew of consolidated challenges. Our government has supported Energy East since the project was proposed.

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