Demise of Energy East Pipeline Draws Cheers in Quebec

Demise of Energy East Pipeline Draws Cheers in Quebec

Demise of Energy East Pipeline Draws Cheers in Quebec

"After careful review of changed circumstances, we will be informing the National Energy Board that we will no longer be proceeding with our Energy East and Eastern Mainline applications", Girling said, adding the company is also withdrawing the project from Quebec's environmental review process.

Nonetheless, this is an unfortunate outcome for Canadians.

With this cancellation, there remains one more tar sands pipeline that has been proposed in Canada, taking oil to the West Coast. Energy East would have moved Alberta oilsands production to an Irving Oil operation in Saint John.

Quebec Environment Minister David Heurtel said TransCanada simply realized it didn't have much of a choice left but to abandon the project.

The premiers of Alberta and New Brunswick say they're disappointed by TransCanada's cancellation of the Energy East pipeline, which would have connected their two provinces.

The Canadian National Energy Board told the company in late August that the projects' environmental reviews would look at the total lifecycle greenhouse gas (GHG) emissions associated with the projects - including from extracting, processing, transporting, refining, and eventually burning the fossil fuels.

Aurore Fauret, Tar Sands Campaign co-ordinator at 350.org said the decision is proof that climate action and pipelines don't mix, and that organized resistance can prevail. The project was cancelled Thurs.

Supporters say Energy East was necessary to expand Alberta's markets and decrease its dependency on shipments to the United States. That pipeline, however, is now locked up in lawsuits, and the B.C. government is intervening in challenges to its approval.

TransCanada Corp.is cancelling the Energy East pipeline, the company said in a statement this morning.

"The abandonment of the Energy East project is a major victory for the municipal world", Coderre wrote on Twitter. Several worldwide companies have sold off oilsands projects in the past year.

New Brunswick Premier Brian Gallant, another longtime champion of the Energy East project, joined Notley in expressing disappointment with TransCanada's decision. "Energy East is dead!" he tweeted in French.

The federal government is now in the process of permanent environmental assessment reform, including the modernization of the National Energy Board with announcements "in the not too distant future", said Carr.

September 9, 2016: The National Energy Board sidelines all three Energy East reviewers following complaints that two of them met privately with a TransCanada consultant the year before and discussed the proposed oil pipeline.

Suncor Energy Inc. (TSX:SU), Canada's largest oil, gas and refining company by market capitalization, had hoped Energy East would allow it to replace US and offshore oil at its 137,000-barrel-per-day Montreal refinery, said spokeswoman Sneh Seetal.

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

Oil prices have roughly halved since 2014.

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