Yeehaw, Alberta Is Getting a Pipeline (at BC's Cost) | The Walrus
Briefly

Yeehaw, Alberta Is Getting a Pipeline (at BC's Cost) | The Walrus
"Their memorandum of understanding (or MOU, a non-binding blueprint for where both governments want to go) lays out the high-stakes deal: Ottawa signals a willingness to ease up on key climate rules and even revisit the BC tanker moratorium. In return, Alberta promises tougher carbon pricing for heavy industry and a major expansion in carbon-capture projects-emerging technology meant to trap emissions from oilsands operations and bury them underground-alongside a privately financed pipeline with Indigenous co-ownership."
"I think he sees a need to bridge the gap between Canada, its mainstream political movements, and the more populist right-of-centre political movements, which are very much centred on Alberta and the energy sector. That's not the only issue that they care about, but it's clearly one of the primary drivers: grievances around Alberta's ability to access foreign markets with its energy production. I think Carney sees this as a kind of grand bargain, an opportunity to bring together these two sides,"
A federal-Alberta memorandum of understanding creates a blueprint for a new pipeline to the British Columbia coast to export bitumen to foreign markets. Ottawa signals willingness to relax certain climate rules and reconsider the BC tanker moratorium. Alberta commits to tougher carbon pricing for heavy industry and a major expansion of carbon-capture projects, plus a privately financed pipeline with Indigenous co-ownership. British Columbia was excluded from negotiations and objects that the deal weakens coastal protections and increases spill risk. Several First Nations and environmental groups have already opposed the agreement. The pact aims to bridge political divisions centered on Alberta's market access.
Read at The Walrus
Unable to calculate read time
[
|
]