Energy East pipeline cancelled

TransCanada terminates Energy East project

TransCanada is cancelling plans for its Energy East pipeline and Eastern Mainline projects.

"It is a good thing that Mr. Coderre's hypocrisy needs no pipeline for conveyance, for it would need to be very large and could never get approved for construction", he said. "While this is not the result we hoped for, we will continue to drive our business forward to ensure a positive and prosperous future for our region, our communities and our company". "Nonetheless, this is an unfortunate outcome for Canadians".

The proposed project is a 4,500-kilometre pipeline created to carry 1.1 million barrels of oil a day from Alberta and Saskatchewan to refineries in Montreal and Saint John, N.B. The project includes converting an existing natural gas pipeline to carry crude and building new segments of pipeline to complete the route.

TransCanada pulled its application for Energy East once the National Energy Board (NEB) ruled that it would consider all greenhouse gas emissions resulting from the project.

"This decision highlights the importance of diversifying market access and the subsequent national priority that must be placed on the Trans Mountain expansion project", Premier Notley added.

United Conservative Party leadership hopeful Brian Jean blasted the decision, calling it an "attack on Alberta".

"Under Prime Minister Trudeau, the Energy East and Northern Gateway pipelines have disappeared", reads a statement from his campaign. It was not immediately clear whether the project's opponents would be able to hold up Energy East as an example to the court.

"He's proud of holding back Canada's energy prosperity. They are cheering for Canada to fail and threatening national unity".

But others pointed to the complex regulatory process and mixed messages from the federal government as contributing factors.

The Canadian Energy Pipeline Association says it is "extremely disappointed with the decision".

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The project faced strong opposition from elected officials in the province.

With Energy East scrapped, Western Canada's producers are now counting on Kinder Morgan Inc.'s project to carry crude to the Pacific Coast, and TransCanada's Keystone XL to connect with U.S. Gulf Coast refineries.

"Albertans can't afford their carbon tax", he wrote.

December 17, 2015: TransCanada files an amended application and cost estimate of $15.7 billion for Energy East. The board said all hearing steps and related deadlines for the TransCanada Corp. project are no longer applicable as the new panel begins its review.

"No one benefits when politicians play the blame game". Calgary, Alberta, Mayor Naheed Nenshi sarcastically said he loved the fact that Montreal's mayor was celebrating the loss of Canadian jobs. After President Donald Trump made headlines for reversing the Obama administration's decision not to permit the Keystone XL pipeline, the company suggested in July that it might not even go through with the project, which would bring tar sands oil south from Alberta through Montana, South Dakota, and Nebraska.

The cancellation of this $15-billion project is a great disappointment for Saint John, but Duplisea says Saint John's economy will be fine.

"But the other this change to the NEB".

"The federal government and the NEB keep moving the goal post, with the latest in terms of adding in the upstream and downstream emissions to the project itself with no clarity around that", he said.

"The Trudeau government is going to have to take a real hard look at whether their own heavy-handedness with that policy also led to this decision".