Building Energy Corridors Is the Easy Part
Nation-sized infrastructure means nothing if you sell the ownership to foreign investors before the concrete dries.
Energy corridors, capable of carrying hydrocarbons, electricity, and transportation links, are regaining popularity after a decade of opposition. These multi-use corridors offer the potential for streamlined permitting and regulation, reminiscent of major public works projects from the mid-20th century. The federal government’s acquisition of the Trans Mountain expansion pipeline has brought public ownership of hydrocarbon infrastructure back into discussion.
- Energy corridors are becoming popular again after a decade of obstruction.
- These corridors are designed for multi-use, carrying hydrocarbons, electricity, and transportation links.
- They offer the potential for a single permit, regulatory review, and right-of-way, simplifying development.
- This concept is compared to historical national infrastructure projects like the TransCanada Pipeline and the national rail system.
- The federal government’s acquisition of the Trans Mountain expansion pipeline has reignited the debate on public ownership of hydrocarbon infrastructure.
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