Pipeline Setbacks Are a 'New Normal,' Former TransCanada EVP Says

The video discusses the challenges faced by TransCanada due to a court ruling requiring more environmental review for a pipeline project. It outlines three options for TransCanada and the Trump administration: comply with the ruling, appeal, or seek executive action. The video also highlights the broader challenges of pipeline construction, influenced by environmental concerns and regulatory processes. It suggests potential government actions to clarify energy policies and streamline project approvals.

What are the three tactical choices available to TransCanada and the Trump administration in response to the court ruling?

• Comply with the ruling, negotiate with environmental groups, or abandon the project

• Ignore the ruling, appeal to the Supreme Court, or seek international arbitration

• File a new lawsuit, appeal to the 9th Circuit, or seek a presidential pardon

• Comply with the judge's ruling, appeal to the 9th Circuit, or take executive action

What is considered the 'new normal' in pipeline construction?

• Unanimous support from environmental groups

• Rapid approval and construction of pipelines

• Increased opposition and regulatory challenges

• Complete halt of all pipeline projects

Why are Canadian oil sands considered problematic in terms of environmental impact?

• They are completely renewable

• They are one of the most carbon-intensive sources of crude oil

• They have no impact on climate change

• They are the least carbon-intensive source of crude oil

What did the 2014 Obama Environmental Impact Assessment conclude about the pipeline project?

• It would double the emissions of the US

• It would have immaterial incremental emissions in a global context

• It would have significant global emissions impact

• It would completely eliminate emissions

What is one potential action the Canadian government could take to facilitate pipeline construction?

• Ignore environmental concerns

• Increase taxes on oil companies

• Clarify national energy and carbon policy

• Ban all pipeline projects

How could a carbon pricing system help in the context of pipeline projects?

• By eliminating the need for any regulations

• By providing a license for incremental hydrocarbon production

• By increasing the cost of pipeline construction

• By reducing the demand for oil

What is a suggested way to resolve the climate issue outside of the regulatory process?

• By ignoring climate targets

• By clarifying the basis of adequate consultation

• By implementing a carbon pricing system

• By banning all hydrocarbon production