Showing posts with label TransCanada. Show all posts
Showing posts with label TransCanada. Show all posts

Saturday, 13 February 2016

TransCanada pursues community support for project

Even after the costly loss that TransCanada has attributed to the failed efforts to construct the Keystone XL pipeline, it appears that efforts continue to find a way forward to build it. This article reports that the company is pursuing a plan to consider the pipeline construction in the future. It is also trying to win support from communities for the construction of its Energy East project, to address "mounting opposition from First Nations and other communities along the proposed route of Energy East, including the opposition of all the mayors in the Greater Montreal region." 

Friday, 12 February 2016

TransCanada's Keystone XL Pipeline costs

TransCanada, the company that had pursued permission to build the controversial Keystone XL pipeline, has posted a $2.5 billion loss in the fourth quarter of 2015. A "non-cash charge" of $2.9 billion is attributed to the Keystone XL pipeline, according to this article. 

Wednesday, 27 January 2016

Editorial Comment about Keystone XL Pipeline Litigation

Not surprisingly, the TransCanada litigation against the United States about the Keystone XL pipeline has drawn editorial comment. The contentious plans to build the pipeline leave a legacy in the litigation, and also in the discussion about it. 

This editorial written by the Sierra Club Senior Managing Attorney and Sierra Club Research Analyst is dismissive of the litigation, referring to it as out of step with the realities of climate change and of the implications of the December 2015 Paris Climate Agreement.