Michigan taxpayers are on the hook for billions while Enbridge profits. A new report exposes the scam.
New Report: It's Worse Than We Thought
Oil & Water Don't Mix just released a comprehensive analysis (read the report) showing how Enbridge's proposed Line 5 tunnel puts Michigan taxpayers at catastrophic risk while the company dodges liability and keeps the profits.
The Bottom Line:
- Michigan will own the tunnel and inherit massive liability
- Enbridge's insurance covers less than 4% of potential damages
- Worst-case costs could exceed $45 billion
- The "watchdog" agency was designed to partner with Enbridge, not protect taxpayers
- No comprehensive review has been completed
The U.S. Army Corps of Engineers warns that the tunnel isn't watertight. Technical analysis classifies it as "potentially gassy," meaning it could explode. Michigan's Attorney General and DNR have issued explicit warnings about the financial risks being ignored.
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