Sunday, December 6, 2020

NOT BELIEVING O'REGAN'S BLATHER TO THE OIL PATCH

 But I’ve never heard the argument explaining why the incoming federal clean fuel standard matters to TC Energy’s long-delayed Keystone XL pipeline.

“It is going to help us make the case for projects like Keystone XL because it will help diversify the (energy) mix … and it will reduce emissions,” Natural Resources Minister Seamus O'Regan said.

For the industry, the idea of tying the clean fuel standard to Keystone XL is like “trying to force a square peg into a round hole,” said CEPA chief executive Chris Bloomer.

“At the end of the day, these policies have to be implemented in a way where we continue to have an industry that can fill the pipe,” said CAPP vice-president Ben Brunnen. “And so if the economics aren’t there, it’s a fruitless effort.”

The Kenney government largely didn’t push back on O’Regan’s comments on Friday, a curious development for a group that drops the gloves when it comes to protecting the oilpatch from federal incursions.

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