Pipeline: Enbridge and Line 3 - BlackRock's Big Problem


  • Pipeline: Enbridge and Line 3

    Enbridge Inc. has a track record of oil spills and Indigenous rights violations. The company has been pushing to replace its existing Line 3 pipeline with a larger pipe that would carry 760,000 barrels of tar sands oil per day from Edmonton, Alberta, to Superior, Wisconsin.

    In November 2020, Enbridge secured final permits for Line 3 from Minnesota and the federal government and began construction in December, despite COVID risks, legal challenges, and sustained Indigenous-led opposition to the project. When construction started, BlackRock had $336 million invested in Enbridge.

    A recent report on the carbon impacts of Line 3 found that the construction of Line 3 is catastrophic for the climate as it would add 193 million tons of greenhouse gases to the atmosphere annually, which would have the equivalent impact of yearly emissions from 50 new coal-fired power plants.

    According to Honor The Earth, this project violates the treaty rights of the Anishinaabeg by endangering critical natural and cultural resources in the 1842, 1854, and 1855 treaty areas. The pipeline threatens the culture, way of life, and physical survival of the Ojibwe people. Resistance and opposition led by Indigenous people and supported by water protectors against Line 3 continue undeterred. 

    Follow Giniw Collective and Honor The Earth to learn more and support the resistance.