Trans Mountain Could Raise $500M Annually For Clean Energy: Morneau - News Summed Up

Trans Mountain Could Raise $500M Annually For Clean Energy: Morneau


Kiyoshi Ota/Bloomberg via Getty Images Federal Finance Minister Bill Morneau is seen here in Fukuoka, Japan, on June 9, 2019. Morneau says the Trans Mountain pipeline expansion project is moving forward, even if the Liberals only have a minority mandate. Rather, he said, it is a crucial piece of the puzzle of financing Canada’s transition to a clean energy economy. “We now see how it can help us accelerate our clean energy transition by putting any revenues that we get from it into a transition to clean energy. Eventually, Morneau said the plan is to sell it back to the private sector and all of the revenues from the sale will then go to clean energy development and other climate change action projects.


Source: Huffington Post October 24, 2019 13:30 UTC



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