International Institute for Sustainable Development policy adviser Vanessa Corkal with documents obtained through access to information. Photo courtesy of IISD
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Since 2018, governments in Canada have pumped at least $23 billion worth of support into three megaproject pipelines designed to move giant amounts of oil and gas to international markets, undermining Ottawa’s commitment to lower greenhouse gas emissions, says a new report from the International Institute for Sustainable Development (IISD).
Those pipelines are Trans Mountain, Coastal GasLink, and Keystone XL. The IISD found that since the COVID-19 pandemic hit, governments supplied those projects with at least $10 billion worth of support.
Taxpayers have spent at least $23B on pipeline subsidies and supports since 2018: report
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Taxpayers have spent at least $23B on pipeline subsidies and supports since 2018: report
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The Colonial Pipeline Co. said Saturday that it has returned its service to normal operations.
What Happened: The Colonial Pipeline Co. announced on Twitter that it had returned to normal operations days after it restarted its pipeline following last week s ransomware attack.
Gasoline shortages along the U.S. East Coast have begun to ease slightly as the company starts delivering millions of gallons per hour, and ships and trucks have been deployed to fill up dry storage tanks.
The company had halted all pipeline operations after learning about the cyberattack. The six-day pipeline shutdown triggered widespread panic-buying by U.S. motorists that left filling stations across the U.S. Southeast out of gas.