A decades-old northern dream has taken a major step ahead after the panel that was assigned to review the Mackenzie Valley natural gas pipeline concluded that it should go forward. The Joint Review Panel, which has spent the past half-decade assessing the project, has concluded the $16.2-billion project “would deliver valuable and lasting overall benefits and avoid significant adverse environmental impacts.” But in a 679-page report, the panel lays out a number of measures designed to slow the pace of Arctic development the pipeline could spur, in hopes of avoiding undue ecological and social pressures.

December 31st, 2009
Money maker
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