Sunday, June 26, 2022
The Green Market Oracle
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Fossil Fuels
    • Renewables
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Fossil Fuels
    • Renewables
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
The Green Market Oracle
No Result
View All Result
Home Other

Breaking News – New Tar Sands Pipeline Goes East to Follow the Path of Least Resistance

by Richard Matthews
August 2, 2013
in Other
0

It would appear that TransCanada is pursuing the path of least resistance in the announcement of yet another pipeline. Unlike the Keystone XL and the Northern Gateway, TransCanada is expecting far less opposition to the proposed Energy East Pipeline project that would ferry tar sands oil from Alberta to New Brunswick.

On Thursday August 1, 2013, TransCanada President and CEO Russ Girling announced the new Energy East Pipeline during a news conference in Calgary, Alberta. The planned $12 billion oil pipeline will ship Western Canada’s tar sands crude to refiners on its east coast. From there it will be shipped to markets around the world.


This new pipeline is a signal that resistance to the Keystone XL and the Northern Gateway are succeeding and TransCanada may is seeking alternatives. The Energy East Pipeline announcement also comes as American energy needs are increasingly being met by natural gas from fracking.

TransCanada plans to convert 3,000 kilometres of the company’s main natural gas pipeline to carry the oil. It will also construct another 1,400 kilometres of new pipeline, mostly in Quebec and New Brunswick. About 70 pumping stations will have to be built along the pipeline to move the oil. The supply of natural gas reaching the East is not expected to be impacted by the conversion. The completion date to reach Quebec refineries is 2017, and New Brunswick a year later in 2018.

To reach international markets, Irving Oil said it plans to build a $300-million marine oil terminal in Saint John, N.B. and another as yet undetermined marine terminal will be build in Quebec. A big new oil hub will also have to be built somewhere in southeastern Saskatchewan.

Trying to appear impartial Canadian Natural Resources Minister Joe Oliver lifted a line from Obama’s approach to oversight on the Keystone XL “Our government will only allow energy projects to proceed if they are proven safe for Canadians after an independent, science-based environmental and regulatory review,” the minister said.

From the ruling Conservative’s past record on the tar sands, oil pipelines and fossil
fuels in general we can expect an expedited and cursory regulatory review from the federal government. In an email, Oliver showed his support for the project saying that the pipeline would enhance the country’s energy security and reduce its reliance on foreign crude.

It is widely understood that the primary way we can address climate change is to curtail our use of fossil fuels. To make matters worse, tar sands oil is some of the most greenhouse gas intensive oil on earth. The pipeline will help double oil production in the west from 3 million barrels a day to more than 6 million barrels a day by 2030.

The Energy East Pipeline will transport more than 1 million barrels of crude eastward per day.

TransCanada is counting on the fact that there is less organized opposition in the East. However, the Council of Canadians have vowed to start a national campaign to stop the pipeline.

“While there has been a lot of talk about Atlantic energy security, this crude will actually go to the highest bidder. India, China, Europe and the U.S. are in line,” said Maude Barlow the council’s national chairperson.

Girling himself acknowledged that the market will decide where the oil ends up. No matter where it goes more tar sands oil will only increase emissions and make it harder to combat climate change. In addition increased tanker traffic will threaten the east coast of North America.

© 2013, Richard Matthews. All rights reserved.

Related Articles
Obama Refutes the Keystone XL’s Economic and Jobs Benefits

The Fate of the Keystone XL Pipeline in the Wake of President Obama’s Georgetown University Speech
EPA Slams State Department on the Keystone XL 
BC Opposes the Northern Gateway Pipeline 
Canadian Conservatives Silence Opposition to the Northern Gateway Oil Pipeline
Canadian Prime Minister Dismisses Environmental Review of Northern Gateway Pipeline 
Canada on Track to be a Dirty Energy Superpower
Burning Fossil Fuels and Staying Within the 2 Degree Limit
 
The Dangers of Transporting Fossil Fuels
Oil Spills Add to Concerns about the Keystone XL Pipeline
Three of the Most Destructive Tanker Oil Spills in History
Pipelines and Oil Spills in Alberta Canada
Two More Reasons to Move Beyond Fossil Fuels

ShareTweetShare
Previous Post

Investor Resolutions Focus on Climate Change and Sustainability

Next Post

White Paper – Redefining Value: The New Metrics of Sustainable Business

Related Posts

Seasons Greetings from the Green Market Oracle

by Richard Matthews
December 24, 2021
0

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Environmental Plebiscites: Municipal Referendums and State Ballot Initiatives

by Richard Matthews
November 12, 2020
0

The November 3rd election not only elected an environmentally responsible president it also gave Americans a chance to vote on environmental issues in five state ballots and two city referendums. Americans ...

Next Post

White Paper - Redefining Value: The New Metrics of Sustainable Business

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

The facts about Nuclear Energy reveal that it is safe and clean but it is not renewable
Energy

Fact Check Reveals Nuclear Energy is Safe and Clean but not Renewable

by Richard Matthews
June 13, 2022
0

Hyperbole bordering on hysteria has misinformed the debate about nuclear energy and obscured the facts. We have decades of data...

Read more

Environmental Implications of Three Types of Economies: Brown, Blue and Green

June 3, 2022

Types of Nuclear Energy: Where We Were and Where We are Today

May 31, 2022

Defining Sustainable Economic Systems – Development vs Growth

April 20, 2022
List of private equity firms and investment funds that focus on on sustainable development goals: Climate action, clean energy, sustainable cities and communities, quality education, innovation and infrastructure, life below water, and life on land.

List of the Top Sustainability Focused Private Equity Firms

March 21, 2022
  • About
  • Climate Change
  • Energy
  • Business and Economics
  • Politics
  • Technology
  • Social Change
  • Events
  • Other

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business and Economics
    • Leadership
    • Supply Chains
  • Economics
  • Energy
    • Fossil Fuels
    • Renewables
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Food
    • Transportation
  • Social Change
    • Education
    • Activism
    • Psychology

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In