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TransCanada Corp
Symbol C : TRP
Shares Issued 918,021,065
Close 2019-01-15 C$ 54.56
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Globe says TransCanada sees B.C.'s emissions soaring

2019-01-16 08:30 ET - In the News

The Globe and Mail reports in its Wednesday edition that British Columbia's carbon footprint has been growing steadily since 2010, according to the latest provincial government data, and critics say reaching the 2030 reduction target is becoming impossible with new liquefied natural gas developments. The Globe's Alastair Spriggs writes that figures from the report show that provincial emissions grew from 61.3 million tonnes to 62.3 million tonnes from 2015 to 2016. Emissions have also been trending upward since 2010. "We're still living in a fossil-fuel-based economy, and we've experienced economic and population growth," said Prof. Mark Jaccard at Simon Fraser University. "More people are driving more cars, and unless we make a significant leap towards electric vehicles, these emissions will continue to rise." David Karn, a spokesman for the B.C. Ministry of Environment, said the province has been off track in achieving its carbon-reduction targets due to a lack of action since the implementation of the first climate action plan in 2007. James Weiting at Sierra Club BC says that building TransCanada's Coastal GasLink pipeline and the LNG Canada project will make it impossible to meet B.C.'s emissions targets.

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