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Enbridge
Energy / Energy Transportation and Infrastructure
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web1. Risk of Spills: One of the biggest risks related to Enbridge Line 3 is that of an oil spill. A spill would cause environmental damage to land, waterways, and wildlife, and would also affect local economies through reduced fishing, tourism, or recreation opportunities.
2. Risk of Explosion: Another risk associated with Enbridge Line 3 is the risk of explosion due to improper maintenance and operating conditions. An explosion could cause significant environmental and human health impacts.
3. Risk of Pollution: Enbridge Line 3 could also contribute to air pollution through the burning of fossil fuels. This could lead to serious health issues for nearby communities, including asthma, respiratory illness, and cancer.
4. Risk of Climate Change: Finally, the area through which Enbridge Line 3 would be built is already at risk from climate change impacts, such as increasing temperatures, more intense storms, and rising sea levels. Building a pipeline in this area could exacerbate these problems.
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