Wednesday, November 18, 2015

New Canadian Premier makes quick policy changes in Canada's oil development

Back in September we wrote on Canada's pipeline projects []. The Economist writes [] now how the new Canadia PM Justin Trudeau might have to come true to his greener credentials without entirely decapitating the oil industry. What he did already is to virtually scrap the Northern Gateway Enbridge proposed pipeline from Alberta to British Columbia coast by imposing a moratorium [] on oil tankers off the coast. The alternative is a pipeline to the east coast or transport by rail. With regards to the latter, reports [] of accidents and derailed carriages, with punctured tanks spilling oil and ethanol in surroundings, continuing.

No comments:

Post a Comment

Reactions welcome! Please use your full name.