Alberta Premier Danielle Smith hinted that a private proponent for her desired pipeline is coming soon. Read More
Alberta Premier Danielle Smith hinted that a private proponent for her desired pipeline is coming soon. Speaking to reporters Wednesday at the Carbon Capture Conference in Edmonton, Smith said the missing proponent for a new bitumen pipeline through B.C. is expected soon, but no timeline has been given. Smith reiterated the need for the federal
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Alberta Premier Danielle Smith hinted that a private proponent for her desired pipeline is coming soon.
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Speaking to reporters Wednesday at the Carbon Capture Conference in Edmonton, Smith said the missing proponent for a new bitumen pipeline through B.C. is expected soon, but no timeline has been given.
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Smith reiterated the need for the federal government to address what she’s called “nine bad laws” including repealing Bill C-69, dubbed the no more pipelines bill, scrapping the emissions cap, lifting the tanker ban and abandoning the net-zero car mandate. She said the laws are impacting the investment climate.
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“Fix the nine bad laws, build a bitumen pipeline and then also invest in the Pathways Project,” Smith said.
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“That’s what we’re working towards, coming to an agreement to help with the federal government, and I hope we do soon.”
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Prime Minister Mark Carney announced the first five megaprojects to be fast-tracked on Sept. 11, which did not include a pipeline. However, Carney said a proposed carbon capture project is under consideration which could open the door for a future new oil pipeline.
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He previously said there needs to be a private proponent for a pipeline, and the carbon footprint of oil produced and shipped through a new pipeline would have to be offset.
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In her opening remarks at Wednesday’s conference, Smith reiterated her encouragement from the federal government about the future of potential projects.
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“The reason for my optimism is that we needed to do something dramatic here to send a message to private capital that we were prepared to invest in big private sector projects because all of that investment capital has been chased away over the last 10 years,” Smith said.
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“The prime minister has assured me it’s a kind of an (evergreen) process, and that as projects get to the point where they can be added to the major projects list, then they will be if they meet the criteria.”
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–With files from Matthew Black
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