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Enbridge Inc
Symbol ENB
Shares Issued 846,209,196
Close 2014-08-21 C$ 54.95
Market Cap C$ 46,499,195,320
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Globe/CP say Enbridge rival hit with green challenge

2014-08-22 06:26 ET - In the News

The Globe and Mail reports in it Friday, Aug. 22, edition that the City of Vancouver is going to court to try and have global climate change considered in Kinder Morgan's Trans Mountain pipeline proposal. A Canadian Press dispatch to The Globe reports that the city will ask the Federal Court of Appeal on Friday for a judicial review of the National Energy Board process for the project. Vancouver officials already asked the board to take climate change into account, but the regulator decided in July it would not. Now the city wants the court to decide, deputy city manager Sadhu Johnston said. "What we're trying to do is to ask the NEB to have a thorough review of this, that evaluates not just the economic benefits but evaluates the environmental impacts," Mr. Johnston said Thursday. The $5.4-billion project would almost triple the capacity of the current pipeline linking the Alberta oil sands to Kinder Morgan's terminal at Port Metro Vancouver, increasing flow from 300,000 barrels of oil a day to almost 900,000. "The City of Vancouver is the largest port city in the country and we have a lot of coastline. We are already being impacted by changing sea level," Mr. Johnston said.

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