What would the economic cost of an oil spill be?

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What is Kinder Morgan’s record of spills? « BACK TO FAQ Since the 1960s, the longest period of time the Trans Mountain Pipeline has gone without a spill is approximately four years. Most of these spills have been of crude oil. Crude oil spills have dire and long-lasting impacts on the environment and are incredibly difficult to clean. Below are notable spills originating from Kinder Morgan facilities in the last ten years. On the south coast of British Columbia July 24, 2007: 232,000 litres of crude oil spilled out of the pipelin...
Read the Kinder Morgan Assessment Report The proposed Kinder Morgan pipeline and tanker project lies within the Consultation Area of the Tsleil-Waututh Nation. Therefore, it was necessary that we carried out our own assessment of the proposed project under our Stewardship Policy. The Kinder Morgan assessment report provides a summary of our appraisal of the components of the proposed Kinder Morgan pipeline and tanker project. It describes the seriousness of the potential effects of the proposed Kinder Morgan pipeline and tanker pr...
If the overall economic impact of the proposed Kinder Morgan pipeline is negative, how com... « BACK TO FAQ Contrary to the National Energy Board (NEB) report released in May 2016, there is no economic need and for the proposed Kinder Morgan pipeline, and economic benefits do not outweigh economic risks. Experts like economist Robyn Allan show that the NEB’s conclusions are faulty, as research was based on a flawed methodology and outdated information (Allan, 2016, pp. 1-2). The NEB did not consider the economic interests of all Canadians and refused to assess “the environmental...
Is there a market for the products to be shipped on the proposed Kinder Morgan pipeline? « BACK TO FAQ There is no market for the products proposed to be shipped on it. We do not need to expand current pipeline infrastructure to meet the demand for Canadian diluted bitumen (dilbit). Neither the NEB nor Kinder Morgan tested market facts to determine whether markets exist, or whether there is potential to develop them (Allan, 2016, p. 14). Past attempts by Canadian producers and off-shore refiners to establish an (offshore) market for the products proposed to be shipped...

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