Alberta and Ottawa Greenlight New Pacific Pipeline

Alberta’s Premier Danielle Smith and federal Prime Minister Mark Carney have made the official announcement of a new oil pipeline, to be built to Canada’s Pacific coast, broadening the access of Canadian oil producers to the Asian market.

The decision is a departure from previous Liberal governments’ energy agenda, which excluded the expansion of oil pipelines due to pressure from environmentalist groups and a focus on the energy transition away from hydrocarbons.

Despite his firm support for the transition in past year, Prime…