Tag: government backstop
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Private Pipeline to Northwest BC Coast Needs a Government Backstop, Former Alberta Energy Minister Warns
Summary: The hurdle for a privately developed pipeline A former Alberta energy minister has voiced a blunt assessment of a proposed bitumen pipeline intended to reach the northwest coast of British Columbia. In discussions that align with broad questions about Canada’s energy infrastructure, the former minister said that relying on private capital alone would make…
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Private Pipeline Breakthrough Hinges on Government Backstop, Says Former Alberta Energy Minister
Background: The proposed bitumen pipeline A senior former energy minister from Alberta has cast doubt on the viability of a proposed privately developed bitumen pipeline that would run to the northwest coast of British Columbia. The central claim: without a government backstop or policy support, the project’s chances of ever reaching the construction stage are…