Business in Vancouver: Oil spill off B.C. coast could cost $9.6b and wipe out pipeline benefits: UBC
An oil spill off B.C.’s coast could cost up to $9.6 billion, according to a University of British Columbia (UBC) study released yesterday. That cost would wipe out any economic benefits of the proposed Northern Gateway pipeline, which would carry diluted Alberta bitumen and be shipped to Asia on tankers, according to the study’s authors. […]
CBC News: West Coast oil tanker spill clean-up could cost $9.6B
A new study says the cost of cleaning up a major oil spill on the North Coast of B.C. could hit $9.6 billion, wiping out any economic benefits from the Northern Gateway Pipeline project for the region. The UBC study was sponsored by the World Wildlife Federation and conducted by Prof. Rashid Sumaila, the director […]