The Energy Mix

Top Menu

  • Special Reports
    • Alberta’s Bitumen Pipe Dream
    • City and Sub-National Climate Action
    • Drawdown
    • Drive to 1.5
    • The Energy Mix Yearbook 2018
      • Climate Extremes
      • Fossils Go For Broke
      • Renewables (R)Evolution
      • Electric Vehicles
      • Canada’s Contradiction
      • Pipeline Politics
      • COP24
      • Jobs and Just Transition
      • Cities and Sub-Nationals
      • Finance and Divestment
      • Climate Litigation
  • Opinion & Analysis
  • Subscribe
  • Donate
  • About Us
  • Which Energy Mix is this?
  • Partners
  • Contact
  • Privacy Policy

Main Menu

  • Climate & Society
    • Carbon Levels & Measurement
    • Climate Action/”Blockadia”
    • Climate Denial
    • Climate Policy/Meetings/Negotiations
    • Culture, Curiosities, & Humour
    • Demographics
    • Energy Politics
    • Energy/Carbon Pricing & Economics
    • Energy Subsidies
    • Finance & Investment
    • First Peoples
    • Insurance & Liability
    • International Agencies & Studies
    • Jobs
    • Legal & Regulatory
    • Media, Messaging, & Public Opinion
    • Methane
    • Post-Carbon Transition
    • Travel, Leisure & Recreation
  • Climate Impacts & Adaptation
    • Biodiversity & Habitat
    • Drought, Famine & Wildfires
    • Food Security
    • Forests & Deforestation
    • Health & Safety
    • Heat & Temperature
    • Human Rights & Equity
    • Ice Loss & Sea Level Rise
    • International Security, Migration & War
    • Severe Storms & Flooding
    • Soil & Natural Sequestration
    • Water
  • Demand & Distribution
    • Air & Marine
    • Auto & Alternative Vehicles
    • Batteries/Storage
    • Buildings
    • Cities
    • Electricity Grid
    • Energy Access & Equity
    • Off-Grid
    • Petrochemicals & Plastics
    • Supply Chains & Consumption
    • Transit
    • Walking & Biking
  • Jurisdictions
    • Africa
    • Arctic & Antarctica
    • Asia
    • Australia
    • Brazil
    • Canada
    • China
    • Europe
    • India
    • International
    • Mexico, Caribbean & Latin America
    • Middle East
    • Oceans
    • Small Island States
    • South & Central America
    • Sub-National Governments
    • United States
  • Non-Renewable Energy
    • CCS & Geoengineering
    • Coal
    • Nuclear
    • Oil & Gas
    • Pipelines/Rail Transport
    • Shale & Fracking
    • Tar Sands/Oil Sands
  • Renewable Energy
    • Bioenergy
    • Demand & Efficiency
    • General Renewables
    • Geothermal
    • Hydro
    • Research & Development
    • Solar
    • Wave & Tidal
    • Wind

logo

The Energy Mix

  • Climate & Society
    • Exotic Carbon Capture Techniques Prop Up Fossil Interests, Aren’t Needed to Hit ...

      February 19, 2019
      0
    • Coastal GasLink Suspends Work After Unist’ot’en Recover Ancient Artifacts at Man Camp ...

      February 19, 2019
      0
    • Study Reveals Unreliable, Inconsistent Assessments of Tar Sands/Oil Sands Impacts

      February 19, 2019
      0
    • Métis Receive 50% Stake as Alberta Announces Three New Subsidy-Free Solar Farms

      February 19, 2019
      0
    • IESO Transmission Request Would Boost Ontario Hydro Imports from Quebec

      February 19, 2019
      0
    • Earlier Arctic Rains Speed Permafrost Loss, Boost Methane Emissions

      February 19, 2019
      0
    • Poll Shows Little Public Awareness, Balanced Perspective on Federal Impact Assessment Act

      February 19, 2019
      0
    • Canada Drags on Promise to Phase Out Fossil Subsidies

      February 19, 2019
      0
    • California Sets Sights on Up to 100,000 New Net-Zero Homes Per Year

      February 19, 2019
      0
    • Carbon Levels & Measurement
    • Climate Action/”Blockadia”
    • Climate Denial
    • Climate Policy/Meetings/Negotiations
    • Culture, Curiosities, & Humour
    • Demographics
    • Energy Politics
    • Energy/Carbon Pricing & Economics
    • Energy Subsidies
    • Finance & Investment
    • First Peoples
    • Insurance & Liability
    • International Agencies & Studies
    • Jobs
    • Legal & Regulatory
    • Media, Messaging, & Public Opinion
    • Methane
    • Post-Carbon Transition
    • Travel, Leisure & Recreation
  • Climate Impacts & Adaptation
    • Exotic Carbon Capture Techniques Prop Up Fossil Interests, Aren’t Needed to Hit ...

      February 19, 2019
      0
    • Study Reveals Unreliable, Inconsistent Assessments of Tar Sands/Oil Sands Impacts

      February 19, 2019
      0
    • Earlier Arctic Rains Speed Permafrost Loss, Boost Methane Emissions

      February 19, 2019
      0
    • Optimism, Opportunism, and Climate Denial Combine as Florida Keeps Building Condos

      February 19, 2019
      0
    • Efficient Water Distribution Would Save 870 Megatons of Carbon by 2050

      February 19, 2019
      0
    • Runoff from Queensland Floods Threatens 300 Miles of Great Barrier Reef

      February 18, 2019
      0
    • Anti-Turbine Activists Spread Asbestos to Protest Netherlands Wind Site

      February 18, 2019
      0
    • Study Projects Warming Trends, Rain and Drought for 540 North American Cities ...

      February 15, 2019
      0
    • Climate Change Imperils Centuries-Old Speed Skating Race in Netherlands

      February 15, 2019
      0
    • Biodiversity & Habitat
    • Drought, Famine & Wildfires
    • Food Security
    • Forests & Deforestation
    • Health & Safety
    • Heat & Temperature
    • Human Rights & Equity
    • Ice Loss & Sea Level Rise
    • International Security, Migration & War
    • Severe Storms & Flooding
    • Soil & Natural Sequestration
    • Water
  • Demand & Distribution
    • Exotic Carbon Capture Techniques Prop Up Fossil Interests, Aren’t Needed to Hit ...

      February 19, 2019
      0
    • Métis Receive 50% Stake as Alberta Announces Three New Subsidy-Free Solar Farms

      February 19, 2019
      0
    • IESO Transmission Request Would Boost Ontario Hydro Imports from Quebec

      February 19, 2019
      0
    • Optimism, Opportunism, and Climate Denial Combine as Florida Keeps Building Condos

      February 19, 2019
      0
    • California Sets Sights on Up to 100,000 New Net-Zero Homes Per Year

      February 19, 2019
      0
    • Extinction Rebellion Demands British Fashion Council Declare a Climate Emergency

      February 19, 2019
      0
    • Efficient Water Distribution Would Save 870 Megatons of Carbon by 2050

      February 19, 2019
      0
    • Saskatchewan Announces 23 Solar, 15 'Carbon-Neutral' Fossil Projects

      February 18, 2019
      0
    • Austin Energy Tests EV Batteries for Grid Services

      February 18, 2019
      0
    • Air & Marine
    • Auto & Alternative Vehicles
    • Batteries/Storage
    • Buildings
    • Cities
    • Electricity Grid
    • Energy Access & Equity
    • Off-Grid
    • Petrochemicals & Plastics
    • Supply Chains & Consumption
    • Transit
    • Walking & Biking
  • Jurisdictions
    • Exotic Carbon Capture Techniques Prop Up Fossil Interests, Aren’t Needed to Hit ...

      February 19, 2019
      0
    • Coastal GasLink Suspends Work After Unist’ot’en Recover Ancient Artifacts at Man Camp ...

      February 19, 2019
      0
    • Study Reveals Unreliable, Inconsistent Assessments of Tar Sands/Oil Sands Impacts

      February 19, 2019
      0
    • Métis Receive 50% Stake as Alberta Announces Three New Subsidy-Free Solar Farms

      February 19, 2019
      0
    • IESO Transmission Request Would Boost Ontario Hydro Imports from Quebec

      February 19, 2019
      0
    • Earlier Arctic Rains Speed Permafrost Loss, Boost Methane Emissions

      February 19, 2019
      0
    • Poll Shows Little Public Awareness, Balanced Perspective on Federal Impact Assessment Act

      February 19, 2019
      0
    • Canada Drags on Promise to Phase Out Fossil Subsidies

      February 19, 2019
      0
    • Optimism, Opportunism, and Climate Denial Combine as Florida Keeps Building Condos

      February 19, 2019
      0
    • Africa
    • Arctic & Antarctica
    • Asia
    • Australia
    • Brazil
    • Canada
    • China
    • Europe
    • India
    • International
    • Mexico, Caribbean & Latin America
    • Middle East
    • Oceans
    • Small Island States
    • South & Central America
    • Sub-National Governments
    • United States
  • Non-Renewable Energy
    • Exotic Carbon Capture Techniques Prop Up Fossil Interests, Aren’t Needed to Hit ...

      February 19, 2019
      0
    • Coastal GasLink Suspends Work After Unist’ot’en Recover Ancient Artifacts at Man Camp ...

      February 19, 2019
      0
    • Study Reveals Unreliable, Inconsistent Assessments of Tar Sands/Oil Sands Impacts

      February 19, 2019
      0
    • IESO Transmission Request Would Boost Ontario Hydro Imports from Quebec

      February 19, 2019
      0
    • Poll Shows Little Public Awareness, Balanced Perspective on Federal Impact Assessment Act

      February 19, 2019
      0
    • Canada Drags on Promise to Phase Out Fossil Subsidies

      February 19, 2019
      0
    • Ottawa Pays Out $600M for Suncor's Mideast Adventures

      February 18, 2019
      0
    • Montana Judge Mostly Keeps Keystone XL Injunction in Place

      February 18, 2019
      0
    • $7.5-Billion Atlantic LNG Project Poised for Final Decision

      February 18, 2019
      0
    • CCS & Geoengineering
    • Coal
    • Nuclear
    • Oil & Gas
    • Pipelines/Rail Transport
    • Shale & Fracking
    • Tar Sands/Oil Sands
  • Renewable Energy
    • Métis Receive 50% Stake as Alberta Announces Three New Subsidy-Free Solar Farms

      February 19, 2019
      0
    • IESO Transmission Request Would Boost Ontario Hydro Imports from Quebec

      February 19, 2019
      0
    • California Sets Sights on Up to 100,000 New Net-Zero Homes Per Year

      February 19, 2019
      0
    • Saskatchewan Announces 23 Solar, 15 'Carbon-Neutral' Fossil Projects

      February 18, 2019
      0
    • Texas Sees 80% of New Power Coming from Wind, Solar in 2019

      February 18, 2019
      0
    • Milwaukee Invests in Solar, Slams Utility for Stifling Market

      February 18, 2019
      0
    • Italian Fossil Eni Buys Into Australian Solar Farm

      February 18, 2019
      0
    • Anti-Turbine Activists Spread Asbestos to Protest Netherlands Wind Site

      February 18, 2019
      0
    • Baltimore Utility Cuts Peak Demand by 300 MW, Puts Money in Ratepayers’ ...

      February 15, 2019
      0
    • Bioenergy
    • Demand & Efficiency
    • General Renewables
    • Geothermal
    • Hydro
    • Research & Development
    • Solar
    • Wave & Tidal
    • Wind
Advanced Search
  • Special Reports
    • Alberta’s Bitumen Pipe Dream
    • City and Sub-National Climate Action
    • Drawdown
    • Drive to 1.5
    • The Energy Mix Yearbook 2018
      • Climate Extremes
      • Fossils Go For Broke
      • Renewables (R)Evolution
      • Electric Vehicles
      • Canada’s Contradiction
      • Pipeline Politics
      • COP24
      • Jobs and Just Transition
      • Cities and Sub-Nationals
      • Finance and Divestment
      • Climate Litigation
  • Opinion & Analysis
  • Subscribe
  • Donate
  • About Us
  • Which Energy Mix is this?
  • Partners
  • Contact
  • Privacy Policy
CanadaClimate Action/"Blockadia"Energy PoliticsFinance & InvestmentFirst PeoplesPipelines/Rail TransportUnited States
Home›Jurisdictions›Canada›U.S. Investor Skepticism Grows Over ‘Pig in a Poke’ Kinder Morgan Purchase

U.S. Investor Skepticism Grows Over ‘Pig in a Poke’ Kinder Morgan Purchase

August 14, 2018
Full Story: Institute for Energy Economics and Financial Analysis @ieefa_institute

August 14, 2018
Primary Author 247WallStreet.com @247WallSt
0
2
Share:
  •  
  • 322
  •  
  •  
  •  
  •  
  •  
  •  
    322
    Shares
  Print This Story
Logga Wiggler/Pixabay

U.S. investors are beginning to second-guess Canada’s plans to buy out Kinder Morgan’s C$9.3-billion (and rising) Trans Mountain pipeline expansion, according to an analysis published last week on the 24/7 Wall Street blog and summarized by the Institute for Energy Economics and Financial Analysis (IEEFA).

“Canadian resistance to buying the Trans Mountain pipeline system Kinder Morgan Inc. subsidiary Kinder Morgan Canada is increasing,” the blog states, leading more “short sellers” to take an interest in the company’s stock. “Short selling is motivated by the belief that a security’s price will decline, enabling it to be bought back at a lower price to make a profit,” Investopedia explains: the implication is that, if the bailout deal fell through, Kinder’s shares might be in for a steep fall.

Like this story? Subscribe to The Energy Mix and never miss an edition of our free e-digest.

SUBSCRIBE

The 24/7 post cites multiple obstacles facing the controversial pipeline project, including “ramped up opposition” from First Nations and environmental groups, the $1.9-billion cost increase disclosed in Kinder Morgan’s regulatory filing last week, and an IEEFA report earlier this month, noting that the U.S. Committee on Foreign Investment—and ultimately Donald Trump—will have to approve the deal.

The full version of the post, though not IEEFA’s summary, cites economist Robyn Allan’s caution that the project’s current $9.3-billion price tag “is the least that [the project] will cost.”

“From where we sit, Canada may be about to plunk down C$4.5 billion for a pig in poke,” 24/7 states, citing a review of the project by TD Securities. “If scrutiny of the deal intensifies, Kinder Morgan may not realize a payday after all, and that’s what the short sellers may be counting on.”

Share:
  •  
  • 322
  •  
  •  
  •  
  •  
  •  
  •  
    322
    Shares
  Print This Story

2 comments

  1. Reynold 15 August, 2018 at 10:30 Reply

    As an Albertan who sees climate change coming and who cares about the way we treat native people, I sincerely hope the purchase doesn’t happen.

  2. Richard Troy, P.Eng. 15 August, 2018 at 14:41 Reply

    I am a retired Mechanical Engineer with considerable experience with BJ pumps Made in Scarboro for pipelines (Dome) Mainline and most refineries in Canada (ca. 1970-82). I am optimistic about Canada calling the shots for our Canadian pipeline and Industry. Ms.#1 Canadian, Notley must immediately build several Upgraders with Federal funds for Alberta Oil Sands Bitumen- adding $ Value, not shipping 30% diluent therefore adding more oil requiring lower pump horsepower. Also a Spill Safety Pipeline connection between existing and new TMX will prevent spills on Land and into Water. The NDP leader must be the next to call for a meeting of Premiers, Dr. Weaver – Greens and First Nation Chiefs – Protectors of Land & Water. Many Concessions will be required in order to agree by Consensus to lower quantities of Petroleum and number of Oil Tankers. There is an abundance of Love & Courage in Canada to succeed.

Leave a reply Cancel reply

Subscribe to The Energy Mix

The Energy Mix is your guide to climate change and energy issues and solutions. Whether you’re looking for the latest content on the impacts of climate change, the fossil industries that produce the emissions, renewable energy and energy efficiency alternatives, or climate solutions outside energy, you’ve come to the right place. Please send us your comments and story ideas!

SEE OUR LATEST DIGEST

Recent Posts

Auto & Alternative VehiclesBatteries/StorageCCS & Negative EmissionsChinaCitiesClimate Policy/Meetings/NegotiationsCoalDrive to 1.5Energy SubsidiesEnergy/Carbon Pricing & EconomicsFirst PeoplesForests & DeforestationIndiaInternational Agencies & StudiesOceansOil & GasPathways to 1.5Post-Carbon TransitionSoil & Natural SequestrationSupply Chains & ConsumptionUnited States

Exotic Carbon Capture Techniques Prop Up Fossil Interests, Aren’t Needed to Hit 1.5°C, New Study ...

The urgency and scope of the climate crisis are being needlessly exploited to drive fringe ideas like carbon dioxide removal (CDR) and solar radiation management (SRM) from the margins to ...
  • Coastal GasLink Suspends Work After Unist’ot’en Recover Ancient Artifacts at Man Camp Site

    Full Story: Unist’ot’en Camp @UnistotenCamp and Canadian Broadcasting Corporation @CBCNews

    February 19, 2019
    Primary Author Maryse Zeidler/CBC @MaryseZeidler
    February 19, 2019
  • Study Reveals Unreliable, Inconsistent Assessments of Tar Sands/Oil Sands Impacts

    Full Story: Canadian Broadcasting Corporation @CBCNews

    February 19, 2019
    Primary Author Bob Weber/The Canadian Press @row1960
    February 19, 2019
  • Métis Receive 50% Stake as Alberta Announces Three New Subsidy-Free Solar Farms

    Full Story: Calgary Herald @calgaryherald and PV Tech @pv_tech

    February 19, 2019
    Primary Author Amanda Stephenson @AmandaMsteph and Conor Ryan
    February 19, 2019
  • IESO Transmission Request Would Boost Ontario Hydro Imports from Quebec

    Full Story: Independent Electricity System Operator @IESO_Tweets

    February 19, 2019
    Primary Author
    February 19, 2019

Partners

Copyright 2019 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.