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Published 1 month ago

Emissions cap could hurt Trans Mountain pipeline's sale price: Calgary Chamber

  • The Calgary Chamber of Commerce warns that an emissions cap on the oil and gas sector may impact the valuation of the Trans Mountain pipeline.
  • The Trans Mountain pipeline sale price and investor interest may decrease due to the emissions cap, potentially affecting Indigenous group talks for ownership.
  • The federal government plans to finalize the emissions cap, requiring a one-third emissions cut by 2030 or purchasing offset credits.
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