From The Enbridge Northern Gateway Project Joint Review Panel: “In the unlikely event of a large oil spill . . . we found that the adverse effects would not be permanent and widespread.”
And just in case you aren’t convinced of this by reading it just the once, the National Energy Enbridge Board repeats it three more times in their report.
But “in the unlikely event of a large oil spill . . .”:
“Our final condition requires the company to maintain insurance and other financial resources totaling $950 million. The financial assurances would include $100 million in ready cash for immediate costs, $600 million in insurance or similar instruments, and $250 million in financial backstopping such as guarantees by equity partners.”
And what did we learn from the 3.3 million litre $1-billion cleanup at the Enbridge dilbit spill in Kalamazoo three years ago?
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