New York New York USA
Banff Alberta - Flush with cash, as its vast tar sands oil field suddenly lurched from environmental pariah to savior of western
civilization, the Alberta government is looking more favorably upon a scheme to build a new, independent, passenger railway, connecting Calgary
International Airport (YYC) to the Rocky Mountain's global tourist destination, Banff National Park.
While Vlad the Invader has partially redeemed the reputation of Alberta's dirty oil, the railway promoters are dangling the prospect of clean, green,
hydrogen propulsion as an added lure for government funding.
The railway "has the potential to be hydrogen powered," according to the promoter consortium, which includes a unit of the rail-friendly
public pension fund, Caisse de depot et placement du Quebec.
Off-the-shelf hydrogen trainsets, already in the catalogs of European rail car builders, would be ideal for the short, 150 kilometer (93 mile) link
between YYC's currently rail-less terminal, Calgary city center, and Canadian Pacific's (CP) picturesque Banff Station.
Calgary is already the focal point for CP's development of hydrogen locomotion and trackside fuel generation.
Both the Alberta and Canadian governments are aggressively encouraging hydrogen generation, whether "grey" from natural gas, or
"green" from wind and solar.
The most compelling argument for train service from Calgary's flatland airport to the peaks of the continental divide is the hope it would mitigate
the traffic deadlock of Banff townsite in summer, while winter skiers could avoid the often snow blown Trans-Canada Highway.
Indeed, the railway's primary promoters operate one of the park's ski resorts, as well as holding a long-term lease to Banff Station and surrounding
rail lands.
Alberta quietly engaged Pricewaterhouse Coopers to undertake an economic benefit study for the $1.5 billion project, submitted by Liricon Capital,
Banff's Rocky Mountain Outlook newspaper reported 16 Mar 2022.
In addition to capital funding from the new Canada Infrastructure Bank, and other institutional investors, the business plan calls for $30 million in
annual operating subsidy from Alberta's oil-soaked public purse.
The line would parallel CP's Laggan Subdivision on its wide right-of-way.
The promoters secured a memorandum of understanding (MOU) from CP last year, and such easy track laying could mean trains running by
2025.
(In July 2021, a detailed MOU was released from Invest Alberta Corp., Alberta's Ministry of Transportation, and Canada Infrastructure
Bank.)
Support from municipalities and indigenous communities is strong, but environmental organizations are wary of increased potential for wildlife
fatalities, and perhaps even more human congestion.
David Thomas.
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