Internacional

Trans Mountain approval has Cache Creek mayor 'quite pleased'

Trans Mountain approval has Cache Creek mayor 'quite pleased'

November 30, 2016 (Investorideas.com Newswire) The federal government of Canada just announced the approval of the Kinder Morgan Trans Mountain tar sands pipeline despite the opposition of communities, environmental groups and tribal nations in the USA and Canada.

TORONTO | Canadian Prime Minister Justin Trudeau on Tuesday approved one controversial pipeline from the Alberta oil sands to the Pacific Coast, but rejected another. The approval of the Trans Mountain expansion, running from Alberta to a terminal near Vancouver, is set to be the biggest flash point.

Carleen Thomas, a member of the Tsleil-Waututh, spoke Tuesday night at a rally against the government's decision in Vancouver.

But there remains opposition to the Trans Mountain pipeline in British Columbia, the birthplace of the Greenpeace environmental movement. Another previous Conservative government approved project, it is supported by the Liberals under Trudeau.

"What is clear is there will be legal challenges", said Risa Schwartz, a research fellow specializing in worldwide law at the Waterloo, Ontario-based Centre for global Governance Innovation. Ian Black, president and CEO of the Greater Vancouver Board of Trade, said the project will generate more than $1-billion in construction spending and create thousands of high-paying jobs.

Still, she acknowledged: "This decision is going to be very, very hard for many in my community". Although Kinder Morgan believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance that any such forward-looking statements will materialize.

The Kinder Morgan Trans Mountain expansion is a C$6.8 billion, 1,150-kilometer (715-mile) project that would almost triple the capacity of an existing pipeline between Alberta and Vancouver to 890,000 barrels per day. The company said it is pleased by Canada's decision.

The decision was not unexpected: Canada's previous Conservative government had approved the project past year, but the project stalled in early 2016 when an indigenous group took the Canadian government to court, and won.

Trans Mountain's approval includes 157 conditions, cited by Trudeau when pressed on what he will do to ensure the project is actually built.

"To all Canadians, I say this: we don't have to choose between the environment and building the economy".

In making its decision to approve the Trans Mountain Expansion Project and the Line 3 Replacement Project, the government took into consideration a wide variety of information and data, including the NEB's recommendation report, Environment and Climate Change Canada's assessment of upstream greenhouse gas emissions, the views of Canadians and enhanced consultations with Indigenous peoples. "In light of recent episodes of pipeline activism, the timeline for flowing hydrocarbons may continue to drift". Burnaby Mayor Derek Corrigan joins BNN to discuss why he's extremely disappointed with the decision.

Green Party Leader Elizabeth May says she is personally prepared to go to jail to stop Kinder Morgan.

The city of Vancouver and a Vancouver-area First Nation both have legal challenges against the project in front of the courts.

Her nephew, Rueben George, said the Tsleil-Waututh Nation is confident and comfortable with the Canadian constitutional protections of indigenous rights. "We killed Northern Gateway".

"As a collective we work together, and we work together for the best interest of all Canadians, and this decision reflects that".

Vessel size limits in the Port of Vancouver, where crude from Trans Mountain will be loaded on tankers for export, mean it may not always be economic to ship barrels to Asia.