Supporters, opponents clash as 'changed circumstances' stop Energy East pipeline

Supporters, opponents clash as 'changed circumstances' stop Energy East pipeline

Supporters, opponents clash as 'changed circumstances' stop Energy East pipeline

In a statement, C-E-O Russ Girling cites the company's "careful review of changed circumstances" and says that TransCanada is thankful for the support it received from labour, business, industry, Irving Oil and various governments that passed resolutions in favour of the projects.

In a statement released by TransCanada, the company said it is now reviewing the company's $1.3 billion carrying value.

But Adam Scott, a senior adviser at the environmental group Oil Change International, had a different interpretation.

TransCanada's Eastern Mainline project, also cancelled this week, would have added 279 kilometres of new natural gas pipeline facilities and nine compression units to the Canadian Mainline system used to deliver natural gas in Ontario and Quebec.

Calgary-based TransCanada (TSX:TRP) announced last month that it was suspending its efforts to get regulatory approval for the pipeline.

Canada's National Energy Board (NEB) granted TransCanada a 30-day suspension on September 8, after the company said it needed to review the impact of new assessment criteria that would consider the C$15.7 billion ($12.58 billion) project's indirect greenhouse gas contributions. This marked a first for the board, which had come under fire for not considering climate impacts in other pipeline hearings.

"The pipeline changes the economics of the tar sands in a way that makes those [extraction] projects possible - and that's why they're responsible, ultimately, for such incredible increases in emissions", Scott said.

March 1, 2016: National cohesion on Energy East drifts further out of reach after the Quebec government announced plans to seek an injunction against TransCanada.

Energy East Pipeline Map- Council of Canadians Flickr
Map showing route of Emergy East pipeline through Alberta Saskatchewan and Manitoba

The B.C. government doesn't share her view, however, and is now part of a court challenge against Trans Mountain being heard this week. "As far as we're concerned, the whole criteria around social acceptability of major projects has become more and more important in terms of how we evaluate projects like Energy East and others".

October 5, 2017: TransCanada announces it is no longer going ahead with the Energy East pipeline project.

Picard is a signatory to the Treaty Alliance Against Tar Sands Expansion, a coalition of 150 tribes in Canada and the United States fighting against any and all oilsands pipeline projects.

But environmental groups questioned the need for a pipeline they said was at odds with Canada's commitment to tackle climate change.

It will now inform the federal and provincial regulators that it will no longer be proceeding with its applications for the projects.

"This is not up to me to explain why the company took this decision".

The premiers of Alberta and New Brunswick expressed disappointment over the decision, while the Opposition Conservatives blasted Prime Minister Justin Trudeau's Liberal government for "disastrous" energy policies that they blame for lost jobs and investment.

Carr shrugged off Raitt's criticism, saying there are signs of growth in the energy sector despite "market challenges" posed by sagging oil prices.

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