Skip to comments.Canada revamps pipeline safety rules ahead of new projects
Posted on 05/15/2014 7:07:26 AM PDT by shove_it
May 14 (Reuters) - Canada unveiled new rules on Wednesday to enhance pipeline safety and spill response, ahead of the development of new projects proposed to carry crude from Alberta's oil sands to coastal ports for export.
The new legislation will give Canada's energy regulator, the National Energy Board (NEB), more power to enforce compliance on safety and the authority to step in to lead spill response if a company is unwilling or unable to do so.
Companies will also now be held liable, up to C$1 billion ($917 million), for all spills or incidents on their lines, whether or not they are at-fault or negligent, putting the onus on owners to ensure safe operations.
"This approach is called 'absolute liability' and it will apply to all federally-regulated pipelines," said Natural Resources Minister Greg Rickford at a press conference in Vancouver.
Companies found to be at-fault or negligent in an incident will continue to face unlimited liability...
(Excerpt) Read more at reuters.com ...
This is an update to an article posted here ...
So a terrorist blows up your pipeline and you have to pay a Billion C$ because the government didn't keep the border secure?
That’s the money quote and highlights the way these tyrants think.
Yay, it’s all we need is more government regulation. Down with the NEB, fascist bastards almost ruined western Canada before under Trudeau.