Canada Energy Regulator projects there may be no need for Trans Mountain expansion or Keystone XL, Financial Post ($)

Report says if more climate policies put in place, oil output will grow until 2039, but only enough to need Line 3

Mia Rabson • Nov 24, 2020

Steel pipe to be used in the oil pipeline construction of the Trans Mountain Expansion Project lies at a stockpile site in Kamloops, British Columbia earlier this year.
Steel pipe to be used in the oil pipeline construction of the Trans Mountain Expansion Project lies at a stockpile site in Kamloops, British Columbia earlier this year. (Photo by Dennis Owen/Reuters)

OTTAWA — A new report from the Canada Energy Regulator projects that if Canada strengthens its climate policies to cut more greenhouse-gas emissions, neither the Trans Mountain expansion nor the new Keystone XL pipeline will be needed.

Environment groups are hailing the report as evidence supporting their long-held view that the expansion of the Trans Mountain pipeline from Edmonton to Burnaby, B.C., should be stopped immediately. MORE>>


𝐒𝐎𝐔𝐑𝐂𝐄 𝐀𝐑𝐓𝐈𝐂𝐋𝐄: https://financialpost.com/commodities/energy/canada-energy-regulator-projects-there-may-be-no-need-for-trans-mountain-expansion