Friday, 13 January 2017 12:18

Trans Mountains achieves BC's 5 conditions

442 premier

British Columbia's Premier, Christy Clark, announced this week that following the Trudeau government’s approval of Kinder Morgan’s Trans Mountain Pipeline Project, the Province’s clear, consistent and principled position on its five conditions has resulted in tangible and significant investments that will protect British Columbia’s environmental and economic interests.  The five conditions were:

  • Successful completion of the environmental review process;
  • World-leading marine oil spill response, prevention and recovery systems for B.C.'s coastline and ocean to manage and mitigate the risks and costs of heavy oil pipelines and shipments;
  • World-leading practices for land oil spill prevention, response and recovery systems to manage and mitigate the risks and costs of heavy oil pipelines;
  • Legal requirements regarding Aboriginal and treaty rights are addressed, and First Nations are provided with the opportunities, information and resources necessary to participate in and benefit from a heavy-oil project; and
  • British Columbia receives a fair share of the fiscal and economic benefits of a proposed heavy oil project that reflects the level, degree and nature of the risk borne by the province, the environment and taxpayers.

The Premier's announcement endorsed the federal government's Oceans Protection Plan and will receive a fair share of fiscal and economic benefits including up to $50 annually to be received by the province directly from a revenue sharing agreement.  This revenue will be dedicated to a new Clean Communities Program focussed on protecting and enhancing BC's environment.

Read 420 times
Login to post comments