Rusting, corroded pipeline
Insurance coverage of more than USD $500 million for the Trans Mountain pipeline expires on August 31, 2020. The insurers on track to renew their coverage include AIG, Chubb, Energy Insurance Limited, Liberty Mutual, Lloyd’s, Starr, Stewart Specialty Risk Underwriting, and W.R. Berkley. They all received copies of the letter.
The Trans Mountain pipeline is a major environmental and public health hazard with a long history of disastrous spills. The expansion project (TMX) would triple its output of tar sands oil to 870,000 barrels per day, increasing the number of oil tankers that traverse the BC and Washington coasts and risks of major spills of diluted bitumen.
#stop_tmx #indigenous_communities #water #environment #health
Source: <a href=”https://www.insureourfuture.us/updates/2020/8/5/140-groups-call-on-trans-mountains-insurers-to-drop-the-pipeline