British Columbia Seeks 'Fair Share' For Support Of $5B Pipeline

Law360, New York (July 23, 2012, 7:58 PM EDT) -- Canada's federal government must renegotiate British Columbia's share of revenue to address environmental concerns before the province will support Enbridge Inc.'s CA$5.5 billion ($5.4 billion) Northern Gateway oil sands pipeline project, a British Columbia official said Monday.

Under current plans, British Columbia will only receive 8 percent of revenue from the pipeline, while assuming 58 percent of land-based environmental risk and all sea-based risk from port terminal and tanker traffic, according to Terry Lake, the province's environment minister. British Columbia is asking for an unspecified “fair...
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