By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Canada is already one of the larger hydrogen producers in the world today, producing approximately three million tonnes a year using steam methane reformation (SMR) of natural gas, a process that's drawn scrutiny for its carbon emissions. Audience Relations, CBC P.O. We cannot afford to spend money on unneeded oil pipelines, and we cannot afford another broken promise on climate change. NDP. Walz Administration Keeps Up Fight Against Line 3 Crude Oil Pipeline. It is a priority for CBC to create a website that is accessible to all Canadians including people with visual, hearing, motor and cognitive challenges. The government also points to the shipping contracts that Trans Mountain has as evidence the pipeline is needed. In the interim, oil will just be moved off existing pipelines to ship on Trans Mountain. 2020-09-15. Get a roundup of the most important and intriguing national stories delivered to your inbox every weekday. While some pipeline expansion may be warranted, spending $12.6 billion of taxpayer funds to build a pipeline when private sector companies are adding more than enough capacity to meet Canada's need without any taxpayer support is hard to justify. Hydrogen is environmentally-friendly and not a pollutant, he said, like other materials that move by pipeline. MINNEAPOLIS (AP) — Gov. That means if the Trans Mountain project were not built, the other planned expansions still exceed projected production increases by between 610,000 and 1.5 million bpd. I mean pipelines have become a lightning rod," he said. border, Canadian officials warned staff bound for Cuba to stay silent on ‘Havana syndrome’, Alberta government to ease oil curtailment for producers using rail, Bombardier to get less cash in amended deal with Spirit, Niagara area dog tests positive for COVID 19 but most pets are still safe, Suspects in alleged Markham illegal casino mansion linked to B.C. Rail was Canada’s oil lifeline in recent years when cheaper pipelines ran full and crude had no other exit from landlocked Alberta. WATCH | A clean energy transition does require more pipelines: Hydrogen has the potential to be a major energy source in the future and help the country lower its emissions in the future. These pre-pandemic forecasts are certainly on the optimistic side – if BP's report is correct, oil production will actually decline and no new pipelines will be required. The U.S. Supreme Court has handed another … In February, they had peaked at nearly 412,000 bpd. Since the project was proposed, oil demand forecasts have fallen. Comments are welcome while open. Canada needs to build pipelines for oil and gas — but for hydrogen, too, clean energy advocates say Kyle Bakx. Pipeline News North Special Publications. But large western terminals, owned by Cenovus as well as partnerships between Imperial Oil and Pembina Pipeline Corp, and USD Group and Gibson Energy, have mostly or completely idled, said John Zahary, chief executive of Altex Energy, which loads crude at four Western Canada terminals. The government justifies this investment as a necessary compromise to balance the interests of Alberta and the oil industry with the interests of those supporting climate action. Trades for later delivery show the differential widening to just $13 in the fourth quarter. There would also be a need to move carbon dioxide emissions to be sequestered underground or used in industrial sectors. Please note that CBC does not endorse the opinions expressed in comments. A video from inside a Calgary locker room shows minor hockey players holding a boy up against a wall until he collapses and convulses on the floor. "I have no doubt that the same challenges that we see with oil and gas will also be there for hydrogen. Instead of oil and natural gas, she believes hydrogen, hydro, nuclear, solar and wind will be the dominant energy sources a few decades from now as the country moves toward lowering its emissions. Premier John Horgan returning to legislature with NDP majority, B.C. That's why it is so important for governments across the country to work hand-in-hand. 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That expansion comprises Enbridge's Line 3 (370,000 bpd), Enbridge mainline expansions and Southern Lights reversal (450,000 bpd), the Trans Mountain expansion (590,000 bpd), Keystone XL (830,000 bpd), plus 170,000 bpd from several smaller upgrades including Keystone, Rangeland and Express. Ironically, the oil sector may also be adversely impacted by building the Trans Mountain Expansion, because shipping tolls will have to be increased to cover the costs of redundant pipeline capacity. Comments on this story are moderated according to our Submission Guidelines. Investment bank Tudor Pickering Holt & Co forecasts “next to no rail requirements” in Canada into 2021, said analyst Matt Murphy, adding that oil production looks slow to return. And even if Canada and other countries meet their targets, the United Nations forecasts that world temperature will still rise by 3 to 3.5 C by the end of this century, more than twice the Paris target of 1.5 degrees. Pipelines would be needed to move hydrogen across the country and for export, said Hanna. These promises are easy to make yet hard to keep. That is why major oil companies such as Shell and BP are transitioning to green investment and Alberta is looking at new sectors such as hydrogen. The International Energy Agency (IEA) predicts that oil demand in 2020 will drop by as much as 9 per cent due largely to the pandemic, the largest decline on record. But oil production cuts this year opened pipeline space and eliminated demand for trains, leaving producers like Cenovus Energy Inc with high fixed expenses and monthly payments still owing to railways. Timeline: Police investigations into alleged illegal casinos and transnational crime networks in Ontario and B.C. Canadian crude by rail volumes in May fell to 58,048 barrels per day (bpd), the lowest in four years, the Canada Energy Regulator said. WATCH | Would there be opposition to a new pipeline if it carried hydrogen? Oil will remain an important part of the Canadian economy, but the oil boom is over. Canadian heavy crude in Alberta traded this week for around $10 per barrel below the U.S. benchmark for September delivery, according to NE2 Group, well below the $15-$20 industry estimate for economic rail shipments. Canada’s pipeline expansion causes oil rail sector to grind to near halt, Oil price drop to historic lows amid COVID-19 pandemic. casino suspects, Coronavirus vaccine by Oxford-AstraZeneca produces immune response among adults, Cars can’t crush the diabolical ironclad beetle, 2020’s latest horror, Patty Hajdu responds to Twitter photo, says she only removes mask to eat, drink, SNL cold open spoofs final U.S. presidential debate between Trump, Biden. Preliminary results have projected a historic election win for John Horgan and the B.C. Still, for that clean energy transition to happen, the country will need to put more pipes in the ground. Like us on Facebook to see similar stories, Mandryk: Get out and vote — don't make COVID-19 just another excuse, US stocks tumble toward worst day in a month amid virus woes, North American stock markets retreat in late-morning trading, loonie down, Prince Harry Says He 'Didn't Know Unconscious Bias Existed' Until 'Living a Day' in Meghan Markle's Shoes, PSA: You’re probably overusing these skincare ingredients, Could You Have Rosacea? "It's the one energy solution that isn't divisive across Canada," said Stephen Beatty, a vice-president with Toyota Canada, which is part of a Quebec hydrogen coalition, which formed earlier this year. Greater availability of pipeline space has helped keep differentials narrow. Railways and independent terminals are better insulated from economic damage than oil shippers, as some continue collecting payments, whether they have crude to move or not. But these contracts were signed when the oil market was booming and, when they expire, it is unlikely that they will be renewed, leaving Trans Mountain and the taxpayer at risk. As the federal government puts the finishing touches on a national hydrogen strategy designed to kickstart the budding sector, some experts say one of the vital ingredients for the industry to flourish is to build more pipelines. Read more: ", Whether the country will need more pipelines in the future to move materials like hydrogen, O'Regan said it's an important question "because all of that will require significant investment.". Higher prices motivate Canadian producers to boost oil production. 1 safest way to move any fluid.". Cenovus has idled several thousand tank cars, said Chief Executive Alex Pourbaix. (AP) — A federal judge has denied a request by Native American tribes to halt construction of the Keystone XL oil pipeline from Canada over worries about potential spills and damage to cultural sites.
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