TransCanada drops Energy East pipeline plan

"TransCanada Pipelines' decision to cancel the Energy East Pipeline project was a business decision".

The company TransCanada announced today that it will abandon its plans to build the Energy East and Eastern Mainline pipelines, controversial projects due to their possible environmental damages.

A 30-day suspension granted last month was set to expire Sunday.

"The Board typically considers direct GHG emissions from construction and operations activities when assessing facilities applications", the board wrote in a letter to TransCanada.

The Energy East has faced fierce opposition in some communities along the pipeline's route and from some indigenous groups.

February 3, 2016: The National Energy Board directing TransCanada to rework its application to build the contentious Energy East pipeline because the document is too hard to understand - even for experts.

Two years ago, 100 Canadian and USA scientists called for a moratorium on tar sands development, saying it was "incompatible" with goals to limit global warming and avoid the most catastrophic effects of climate change.

Grand Chief Serge Simon, of the Mohawk Council of Kanesatake, said the fight by Indigenous People against other pipeline projects will continue. It's more expensive - and hard - to ship bitumen by rail. Analysts say regulatory fatigue is to blame for ending the proposed Maritimes to Rockies pipeline.

It included converting an existing gas pipeline to carry oil as well as building new sections.

The 4,500-kilometer (roughly 2,800 miles) Energy East pipeline was planned to run from Alberta and Saskatchewan to the refineries of Eastern Canada and a marine terminal in New Brunswick, carrying about 1.1 million barrels of crude oil a day. Eastern Mainline would have allowed the company to divert its natural gas business to a new line. It said there would be no costs recovered from third parties.

Deliberation on upstream emissions and land-use integrity is important, Notley said, but "investors need confidence".

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.

Oil prices have roughly halved since 2014.

"We have a company that committed more than a billion dollars to a project and made earnest efforts to address the concerns of the public and regulators". There are now no new tar sands extraction projects planned in Canada.

Alberta Liberal Leader David Khan was more understanding in his statement on the cancellation of Energy East.

But opponents pointed to the more than 700 rivers at risk by the pipeline.

The company said the decision came after a "careful review of changed circumstances".

Greenpeace and other environmental groups also claimed a victory for those who believed there was "no social value in the project" in a world fighting climate change. The Federal Court of Appeals in Vancouver is hearing arguments this week and next on a slew of consolidated challenges. "Energy East is just the latest in a growing list of projects that will never see the light of day", he continued.

  • Anthony Vega