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Thursday, November 16, 2017

Enbridge Line 5 saga imperils Michigan business

, The Detroit NewsPublished 11:58 p.m. ET Nov. 15, 2017

Michigan business should pay closer attention to Enbridge Energy Partners LP’s rolling disclosures about missing coating on its Line 5 under the Straits of Mackinac.
The corrosion represents far more than an environmental threat to the Great Lakes state, arguably the chief custodian of 20 percent of the world’s fresh water. A rupture at the heads of lakes Huron and Michigan could have major implications for automakers and utilities, health care companies and airlines, agriculture and “Pure Michigan” tourism.

“The state’s business community needs to get serious about the risk this poses to them — and they simply haven’t,” Patrick Anderson, CEO of the East Lansing-based Anderson Economic Group, said in an interview Wednesday. “Many of our largest businesses face risks they can’t quantify.

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