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Canadian pipeline companies sees natgas opportunities in shift to green energy

2 Min Read A TC Energy pump station sits behind mounds of dirt from the Keystone XL crude oil pipeline as it lies idle near Oyen, Alberta, Canada February 1, 2021. REUTERS/Todd Korol CALGARY, Alberta (Reuters) -Canada’s largest pipeline companies TC Energy and Enbridge Inc see opportunities in their extensive natural gas businesses as a transition to cleaner energy evolves, their chief executives said on Wednesday. The two Calgary-based companies are among North America’s largest energy infrastructure firms, and the majority of their business is focused on storing and transporting fossil fuels. TC Energy has the biggest natural gas pipeline system in North America, and CEO François Poirier said the company sees plenty of opportunities to allocate capital to that business in the form of organic bolt-on projects.

United statesThomson reuters trust principlesTc energyEnbridge incEnergy symposiumNorth americaNia williams editingThomson reuters trustஒன்றுபட்டது மாநிலங்களில்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்ட்க ஆற்றல்என்பிரிட்கே இன்க்ஆற்றல் சிம்போசியம்வடக்கு அமெரிக்காநியா வில்லியம்ஸ் திருத்துதல்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை

UPDATE 2-Canada unveils greenhouse gas reduction credits to boost carbon trading market

(Adds details of offset system)By Nia WilliamsCALGARY, Alberta, March 5 (Reuters) - Canada released draft regulations aimed at stimulating domestic carbon credit trading on Friday, part of the federal government's push to curb emissions of climate-warming greenhouse gases.Canada, which is the world's fourth-largest oil producer and one of the highest greenhouse gas (GHG) emitters on a per capita basis, has committed to reducing its emissions to 30% lower than 2005 levels by 2030, and is targeting net-zero emissions by 2050.

Leslie adlerAurora ellisJonathan wilkinsonMinister jonathan wilkinsonPrime minister justin trudeauNia williams editingFor restrictionsஅரோரா நீள்வட்டம்ஜொனாதன் வில்கின்சன்அமைச்சர் ஜொனாதன் வில்கின்சன்ப்ரைம் அமைச்சர் ஜஸ்டின் திருடேௌஉநியா வில்லியம்ஸ் திருத்துதல்க்கு கட்டுப்பாடுகள்

Canada releases draft regulations on greenhouse gas reduction credits

Canada releases draft regulations on greenhouse gas reduction credits
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UPDATE 1-Michigan environment department approves some permits for Enbridge pipeline tunnel

(Adds comment from environmental group) CALGARY, Alberta, Jan 29 (Reuters) - Michigan’s environment department on Friday approved some of the permits needed for Canadian company Enbridge Inc to build a tunnel to house its disputed oil pipeline under the Straits of Mackinac. Enbridge’s 68-year-old Line 5 pipeline carries 540,000 barrels per day of light crude and propane, and one 4.5-mile (7.2-km) section runs underwater along the lakebed. Environmentalists concerned about the risk of a spill into the Great Lakes are trying to have the pipeline shut down, and Michigan Governor Gretchen Whitmer has revoked its easement, a move Enbridge is fighting in federal court.

Great lakesUnited statesPaul simaoChizu nomiyamaGretchen whitmerRyan duffyThomson reuters trust principlesMichigan public service commissionMichigan department of environmentEnbridge incUs army corps of engineersMichigan governor gretchen whitmerGreat lakes tunnel projectNia williams editingThomson reuters trustநன்று ஏரிகள்