Mackenzie Gas Project / Alaska Highway pipelines [NWT/AK] is a category for articles and stories relating to the proposed Mackenzie Gas Pipeline from the Beaufort Sea to Alberta, or the Alaska Highway pipeline from Alaska's North Slope through Yukon to BC and then Alberta. The MGP would be 1220 km's long and take the largest untapped gas reserve (outside of the Sverdrup Basin in Nunavut) on the planet to the tarsands. The project has been resisted valiantly by many Dene and Inuvialuit peoples, communities and nations along with environmentalist allies throughout the Valley and across the North for over 30 years. Recently the MGP was re-estimated at $16.2 billion to construct. When first conceived, it was the largest proposed industrial project in the history of Canada. Now, it is a mere feeder of energy needs for the colossal "gigaproject" known as the tarsands.
The Alaskan Highway Pipeline would be 2700 km's long and bring natural gas from northern Alaska to northwestern Alberta, cutting across Yukon and BC. Recently, projections from the industry of a north-central corridor pipeline across Alberta have been released, making this mega project connected directly to the tarpit production plants. There are varying projections of capacity, but multiple millions of cubic feet per day of natural gas are all set to go right into the Albertan grid. This would be one of the longest pipeline projects in history, cutting through many "protected areas" across northern Turtle Island.
Native leaders say climate affecting caribou populations
ALLIANCE: Indigenous groups want to participate in global warming talks.
By ARTHUR MAX
The Associated Press
December 23rd, 2008
POZNAN, Poland -- Chief Bill Erasmus of the Dene nation in northern Canada brought a stark warning about the climate crisis: The once abundant herds of caribou are dwindling, rivers are running lower and the ice is too thin to hunt on.
Industry upset over JRP deadline
Guy Quenneville
Northern News Services
Published Monday, December 15, 2008
SOMBA K'E/YELLOWKNIFE - Reaction to news that the Joint Review Panel will not have its report on the embattled Mackenzie Gas Project ready until December 2009 has been uniformly negative and in some cases incredulous.
"You've got to be kidding" was the initial reaction of Ann Marie Tout, president of the NWT Chamber of Commerce.
Stephen Harper: Mackenzie Gas now
December 12, 2008
Diane Francis // Financial Post
Ottawa need not sign a single check in order to kick start a gigantic $20-billion economic stimulus project that would also be in the national interest. The feds must short-circuit their dysfunctional system in order to start the Mackenzie Gas Project.
TransCanada to issue shares to raise money to pay down debt
Argus Leader
November 24, 2008
TransCanada has announced that it will issue 30.5 million shares of common stock to raise about 41 billion Canadian, or $809 million America, to pay down short-term debt and fund its Keystone Pipeline projects.
TransCanada entered into an agreement with a syndicate of underwriters to buy shares from the company at $33 Canadian and sell them to the public in Canada and the U.S.
Mackenzie pipeline stakeholders ''disappointed'' at environmental review delay (Mackenzie-Delay)
CALGARY _ A panel examining the Mackenzie Valley natural gas pipeline project said Friday it will take another year to complete its long-awaited review in the latest setback for the multibillion-dollar plan that originally hoped to have gas flowing in 2009.
Enbridge brings experts to Burns Lake to inform locals
Published: November 25, 2008 11:00 PM
Enbridge held an open house on Nov. 17 at College of New Caledonia (CNC) as part of its efforts to let the public know what is going on with its Northern Gateway pipeline project.
Several dozen people attended the open house, which was held from 4:00 pm to 8:00 pm to allow people flexibility in attending the information session, and a dozen Northern Gateway engineers, environmental experts, and communications people were on hand to answer people’s questions.
http://www.radio4all.net:8080/files/redeye@coopradio.org/91-1-shutting_d...
Program Podcast: Redeye - Co-op Radio: Shutting down the tar sands
Podcast for Program: Shutting down the tar sands
In series: Redeye - Co-op Radio
The Alberta tar sands cover a vast area of huge open pits and tailings ponds.
The environmental consequences are enormous and make a mockery of
any Canadian attempt to reduce carbon emissions under the Kyoto
Protocol. Petr Cizek is a land use planner and author. He says that a
Risk-free pipeline projects make sense
Deborah Yedlin, Calgary Herald
Published: Tuesday, November 25, 2008
In the midst of the market mayhem, something surprising happened last week; two Calgary-based pipeline companies raised almost $2 billion from the debt and equity markets.
First out of the blocks was TransCanada Pipelines, tapping the public equity markets for a total take of $1 billion priced at $33 per share. The shares closed Monday at $32.22, up 27 cents.
Arctic Energy Resources Will Be Needed
by Floyd Roland
Published November 6 2008
Canadians right now are concerned about the economy. As our largest trading partner faces the prospect of recession, businesses and individuals in Canada are worried about what that will mean for us. The outcome of the U.S. presidential election and its consequences are also on the minds of many Canadians. And the ongoing turmoil in world financial markets has reminded us just how inter-related global affairs have become.
CALGARY, Alberta, Oct 30 (Reuters) - Imperial Oil Ltd's (IMO.TO: Quote, Profile, Research, Stock Buzz) third-quarter profit surged 70 percent as crude prices hit records before the world financial crisis led to a steep drop, Canada's largest oil producer and refiner said on Thursday.
Imperial, which is majority owned by U.S. oil major Exxon Mobil Corp (XOM.N: Quote, Profile, Research, Stock Buzz), earned a company-high C$1.4 billion ($1.1 billion), or C$1.57 a share, in the quarter, up from year-earlier C$816 million, or 88 Canadian cents a share.
