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TransCanada lauds U.S. review of Keystone XL project

2014-01-31 16:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: TransCanada Corp's chief executive welcomed a favorable U.S. environmental review of the company's Keystone XL project on Friday, calling the report an important milestone for the final approval of the controversial pipeline. The U.S. State Department issued its long-awaited Final Supplemental Environmental Impact Statement on the $5.3 billion pipeline project on Friday. It concluded that allowing the line to proceed would not raise the pace of development in Canada's oil sands, a key argument...

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