Alberta aims to start construction on a new West Coast oil pipeline by 2027, but analysts warn the timeline is optimistic. The project is tied to the Pathways carbon capture initiative, meaning federal and provincial funding for carbon sequestration is a prerequisite for the pipeline. While a carbon pricing agreement is in place to reach 130 dollars per tonne by 2040, significant hurdles remain. These include opposition from British Columbia, Indigenous groups, and the need for a final agreement on the multibillion dollar carbon capture project.
