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Obama administration to reject Canada-to-U.S Keystone pipeline: source

2015-11-06 17:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: President Barack Obama on Friday rejected the proposed Keystone XL oil pipeline from Canada in a victory for environmentalists who campaigned against the project for more than seven years. "The pipeline would not make a meaningful long-term contribution to our economy," Obama told a press conference. He said it would not reduce gasoline prices, and shipping "dirtier" crude from Canada would not increase U.S. energy security. The denial of TransCanada Corp's more than 800,000 barrels per day...

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