QuickQuotes: what's being said about the end of TransCanada's Energy East

Energy East pipeline

TransCanada CEO Russ Girling said in a statement that the National Energy Board and Quebec will soon be informed that the company will not go forward with the application for the pipeline proposal that would have carried oil from Alberta to refineries in New Brunswick.

"Very proud" of the outcome, Montreal Mayor Denis Coderre, who is running for re-election next month, said Thursday in a tweet.

But Adam Scott, a senior adviser at the environmental group Oil Change International, had a different interpretation. 7 for 30 days on the $15.7-billion route that would carry Alberta oilsands product from Hardisty to Saint John.

He added that TransCanada will also withdraw from a Quebec environmental review.

"This is evidence of how a lack of clarity and an unclear decision-making process regarding pipeline projects in Canada are challenging the energy sector's ability to be competitive in the world market", said a Thursday morning CEPA statement.

Opponents said the projects would increase greenhouse gas emissions by allowing oil-sands producers, the most greenhouse-gas intensive sources of crude, to ramp up production.

"The emissions associated with new pipelines are inconsistent with our climate imperative and the threat to waterways, wildlife, and lands was enormous".

The project was first proposed in 2013 and met a lot of resistance, especially in Quebec, where critics said it didn't have enough benefits to make for up for the environmental risk. The project was cancelled Thurs.

The B.C. government doesn't share her view, however, and is now part of a court challenge against Trans Mountain being heard this week.

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The federal government is now in the process of permanent environmental assessment reform, including the modernization of the National Energy Board with announcements "in the not too distant future", said Carr.

In late August, the National Energy Board - an independent regulatory agency that oversees global and inter-provincial oil and gas pipelines - announced it would consider upstream and downstream greenhouse gas emissions in determining whether the Energy East pipeline was in the national interest.

March 1, 2016: National cohesion on Energy East drifts further out of reach after the Quebec government announced plans to seek an injunction against TransCanada. Companies are not eager to invest in expensive tar sands projects unless the price of oil comes back up.

He did say, though, that the country needs to better understand why the pipeline was cancelled.

September 9, 2016: The National Energy Board sidelines all three Energy East reviewers following complaints that two of them met privately with a TransCanada consultant the year before and discussed the proposed oil pipeline.

Gallant says Energy East, which would have would have created jobs in New Brunswick and helped the Canadian economy.

"This is not up to me to explain why the company took this decision".

Since Keystone XL was proposed, oil prices have plummeted.

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