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the growing political and regulatory challenges to indigenous
opposition that recently led to hundreds of train delays and cancellations
across Canada this past month, one thing is clear: building a pipeline or any
type of energy facility in Canada is no easy feat. And unfortunately, energy
companies and investors are growing weary over the regulatory hurdles and vocal
opposition to new energy development.
the latest rail blockades and pipeline protests made international headlines –
it begs the question: what are the economic ramifications of Canada’s
increasing unfriendliness towards energy investment?
$150 billion, according to a recent
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The Washington Post recently highlighted
concerns regarding President Trump’s proposal to allow railroads nationwide to
transport liquefied natural gas (LNG) – a largely untested practice that poses
unique risks. The proposal comes as the United States continues to produce
records amount of natural gas in the Marcellus Shale formation in Pennsylvania
and the Permian Basin in Texas.
The Post reports:
A proposed Transportation Department rule allowing liquefied natural gas, or LNG, shipments and imposing no additional safety regulations has drawn widespread criticism from local elected officials, attorneys general from 15 states and the District of Columbia, firefighters’ organizations, unions