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TransCanada Energy
TransCanada Energy

Energy / Energy Infrastructure and Services

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Risks

1. Environmental Risks: The proposed Energy East Pipeline could cause significant environmental damage to local ecosystems, wildlife habitats, and water resources if a spill were to occur. Potential leaks of oil or other hazardous materials along the route of the pipeline could cause long-term, irreversible destruction to ecosystems, water resources, and the health of communities.


2. Risk of Accidents: As with any large-scale industrial project, there are risks of serious accidents along the Energy East Pipeline route. Potential accidents could include pipeline explosions, collisions that cause a rupture, and other catastrophic events that could result in injury or death.


3. Financial Risk: The construction and operation of the Energy East Pipeline could require large investments from TransCanada and other stakeholders. If the pipeline does not operate at its maximum capacity or does not generate the expected profits, TransCanada may not be able to recover its investments.


4. Political Risk: The Energy East Pipeline has been met with significant resistance from Indigenous groups, environmental activists, and local communities along the route. This resistance has the potential to delay or even halt the project, resulting in financial losses for TransCanada.


5. Social Risk: The construction of the Energy East Pipeline could lead to an increase in greenhouse gas emissions. This could create negative social and health impacts in communities that are already experiencing the effects of climate change.


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