National Energy Board backs Kinder Morgan pipeline—on 157 conditions

Firm News

The NEB has recommended that the federal government approve Kinder Morgan’s $6.8B project to carry oil from Edmonton to Burnaby at a rate of 890,000 barrels/day. The NEB made the recommendation contingent on 157 conditions, including a plan to offset greenhouse gas emissions. David Austin, interviewed by the Financial Post, said that this is a novel condition. Read the full article to learn more.