By Natasha Bulowski, Canada’s National Observer, Local Journalism Initiative Reporte
Trans Mountain will not have to come up with an additional $1.1 billion to cover the cleanup cost of possible oil spills from its expansion project, the Canada Energy Regulator has decided.
The regulator told Canada’s National Observer that the Crown corporation has to maintain “total coverage of $1.1 billion” to protect the public and the environment from a possible oil spill from both the current pipeline and its expansion. But others say this is not what was agreed upon in 2019 and that a total of $2.1 billion is needed to cover oil spill risks on both pipelines.
Continue reading Canada Energy Regulator gave Trans Mountain a ‘break’ on oil spill liabilities plan, says Elizabeth May