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Keystone XL Export Pipeline: Bad for Americans, Bad for the Economy

2013-06-20 19:20:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The core talking points for the supporters of TransCanada`s Keystone XL pipeline center around U.S. domestic energy security and economic growth. However, Keystone is an "export pipeline" that will take tar sands oil from Alberta, Canada, and pump it down to a tax-free zone in Texas and out to foreign markets. In other words, the European Union, China and Latin America get the oil, the foreign-owned oil companies get the cash and North Americans get a few jobs and oil spills! It`s a complicated...

Tags: the bad export economy

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