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Bitumen railway from Alberta to Alaska proposed
SubscriptionsGo to the Subscriptions Centre to manage your:My ProfileThe report released today by the Van Horne Institute studies the feasibility of building a railway from Fort McMurray to Delta Junction, Alaska, for bitumen transport. From there, the bitumen would be piped to Valdez for shipment to world markets.How Calgary could benefit from some pipeline diplomacyCanadian oil production growth could slow down or freeze altogether, warns reportThe estimated capital cost of the project is between $28 billion and $34 billion, based on production of one to 1.5 million barrels per day."The study indicates that this will be a railway built with safety as the paramount factor," said Peter Wallis, president and CEO of the Van Horne Institute.A number of different routes were considered and ultimately rejected because of their proximity to areas that are environmentally protected, support migratory, sensitive or endangered species, or are important for wildlife and biodiversity, he said.Between 16 and 24 specialized trains would travel the railway route each day, "built with basically safety as the prime consideration," he said,imitation sell rolex oyster perpetual datejust, adding that the flammability of bitumen is "extremely low."Wallis said that researchers held information sessions with First Nations leadership and bands directly affected by the project, some of whom have indicated they would support the project."The important factor here is the First Nations are engaged in this process," said Wallis.A number of other organizations, including Shirocca Consulting, AECOM,imitation oyster rolex perpetual datejust, Generating for Seven Generations (G7G), the University of Alaska (Fairbanks) and Michigan Tech Research Institute were also involved in the process.Wallis suggested that the project would most likely be funded privately,oyster perpetual datejust imitation, but hopes that investors recognize the potential to "unlock a huge amount of mineralization" on either side of the route.According to the study, deposits of copper, gold,imitation rolex datejust ii, coal and iron ore have been identified within 50 kilometres on either side of the proposed railway corridor and could be developed for market."This is really the thrust of what we're asking, is for thoughtful consideration of this report, looking at it over the long term view that I think we have to bring to major nation building projects."By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.
SubscriptionsGo to the Subscriptions Centre to manage your:My ProfileThe report released today by the Van Horne Institute studies the feasibility of building a railway from Fort McMurray to Delta Junction, Alaska, for bitumen transport. From there, the bitumen would be piped to Valdez for shipment to world markets.How Calgary could benefit from some pipeline diplomacyCanadian oil production growth could slow down or freeze altogether, warns reportThe estimated capital cost of the project is between $28 billion and $34 billion, based on production of one to 1.5 million barrels per day."The study indicates that this will be a railway built with safety as the paramount factor," said Peter Wallis, president and CEO of the Van Horne Institute.A number of different routes were considered and ultimately rejected because of their proximity to areas that are environmentally protected, support migratory, sensitive or endangered species, or are important for wildlife and biodiversity, he said.Between 16 and 24 specialized trains would travel the railway route each day, "built with basically safety as the prime consideration," he said,imitation sell rolex oyster perpetual datejust, adding that the flammability of bitumen is "extremely low."Wallis said that researchers held information sessions with First Nations leadership and bands directly affected by the project, some of whom have indicated they would support the project."The important factor here is the First Nations are engaged in this process," said Wallis.A number of other organizations, including Shirocca Consulting, AECOM,imitation oyster rolex perpetual datejust, Generating for Seven Generations (G7G), the University of Alaska (Fairbanks) and Michigan Tech Research Institute were also involved in the process.Wallis suggested that the project would most likely be funded privately,oyster perpetual datejust imitation, but hopes that investors recognize the potential to "unlock a huge amount of mineralization" on either side of the route.According to the study, deposits of copper, gold,imitation rolex datejust ii, coal and iron ore have been identified within 50 kilometres on either side of the proposed railway corridor and could be developed for market."This is really the thrust of what we're asking, is for thoughtful consideration of this report, looking at it over the long term view that I think we have to bring to major nation building projects."By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.
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