Trans Mountain Pipeline Expansion Complete, But Energy Experts Warn It's Not Enough
$34 Billion Project Set to Go Into Service, But Economy Still Struggling
Ottawa Faces Pressure to Divest, Find New Energy Solutions
Toronto, CA — The long-delayed Trans Mountain pipeline expansion project is finally nearing completion, but energy experts warn that it's not enough to boost Canada's languishing economy. The $34 billion project, which includes a new pipeline and expanded capacity, is set to go into service in the coming months.
The Trans Mountain expansion has been plagued by delays and legal challenges, but Ottawa has pushed ahead with the project, arguing that it is essential for Canada's energy security and economic growth. However, critics argue that the project is simply too expensive and that it will not provide the economic benefits that the government has promised.
"This pipeline is a white elephant," said David Hughes, an energy expert at the University of Calgary. "It's going to cost billions of dollars to build and operate, and it's not going to generate the returns that the government is expecting." Hughes said that the government should instead be focusing on developing renewable energy sources, such as solar and wind power.
"We need to be investing in the future, not the past," Hughes said. "This pipeline is a dead end."
The government has defended the Trans Mountain expansion, saying that it is a necessary step to ensure that Canada can meet its energy needs. Natural Resources Minister Seamus O'Regan said that the pipeline will create jobs and boost economic growth.
"This project is a win-win for Canada," O'Regan said. "It will create jobs, grow our economy, and help us meet our environmental goals."
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