The Globe and Mail: The capped liability surprised many energy and climate observers, some of whom told The Globe they thought it was a mistake. One of the concerns was that the cap isn’t high enough to dissuade a future government from ripping up the climate plan after a pipeline is in place.
Another concern is that the capped liability could undermine the certainty companies need to make costly emissions-reducing investments, because it will be too easy for a future federal or provincial government to change policy and kill their business case…