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» Home » 2012 » December » 13 » Business in Vancouver: Oil spill off B.C. coast could cost $9.6b and wipe out pipeline benefits: UBC

Business in Vancouver: Oil spill off B.C. coast could cost $9.6b and wipe out pipeline benefits: UBC

December 13, 2012

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.

Read the full article from Business in Vancouver.

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