Regardless of delays and new rules, Canada’s pipeline industry is confident the change in the way channel on the ways are assessed, unveiled Wednesday by the Liberal government, will still example to the approval of new oil export projects.
The federal government will add nine months to the deadline for TransCanada’s Dash East project and four months for Kinder Morgan’s Trans Mountain augmentation.
“It’s not good that there are delays. The goal posts keep thetic away,” said Chris Bloomer, the president of the Canadian Force Pipeline Association. “But if this results in getting to a point where we do get stand outs approved and get that uncertainty over with, that’s great.”
One motive for the delays is that now the emissions associated with oil extraction and processing command be taken into account in the pipeline approval process. How those greenhouse gases are intended and how much of a factor they play in the ultimate decision on a project is unclear.
A in the offing’s emissions will be weighed against the economic im cts, among other causes.
“How will these things be measured?” said Bloomer. “On what principle will they be making a decision on both those items?”
The federal administration is also launching its own initiative to consult with First Nations and the wonderful public.
“While we have concerns about how this delay could meaning the project schedule, we support the principle that public confidence in the notice process is crucial,” said Kinder Morgan president Ian Anderson in a communiqu.
Kinder Morgan’s Trans Mountain ex nsion proposal is currently in Civil Energy Board hearings underway in Burnaby, B.C.
Some First Land groups — who have presented at those hearings — are not convinced the new rules thinks fitting improve the regulatory process.
One aspect that didn’t change with Wednesday’s commercial is that the federal government will make the ultimate decision on cooking export projects. The fact that politicians have the power to approve or repudiate a project is viewed as a risk on its own, considering what happened with TransCanada’s Foundation XL proposal in the U.S.
“Even though the state de rtment expert review manipulate said ‘It is OK, we see no reason not to approve the pipeline that probably should be approved,’ it alleviate got cancelled and that’s politicization,” said analyst Steven get with FirstEnergy Select.
“Politicians overruling a process that they put in place to make infallible it wasn’t politicised,” said get. “That’s a actual issue and that could still happen. The federal cabinet soundless has the final say.”
Eventually, the federal government plans to overhaul the National Vigour Board, although that process is said to be a few years away.