The Canadian government is planning to buy the Trans Mountain oil pipeline from major energy corporation Kinder Morgan for $4.5 billion in an effort to secure its construction. The controversial project, which would triple the current capacity of the Trans Mountain pipeline and run from the tar sands of Alberta to the Pacific Coast, is a major priority for Ottawa. “It must be built. It will be built,” Canadian finance minister Bill Morneau told the Guardian. The pipeline has suffered delays due...
from Inhabitat - Green Design, Innovation, Architecture, Green Building https://inhabitat.com/canada-set-to-purchase-kinder-morgan-pipeline-for-4-5-billion
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