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Obama rejects Keystone XL project, citing U.S. climate leadership

2015-11-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: President Obama announced Friday that his administration will not issue a permit for construction of the controversial Keystone XL pipeline, arguing that approval would undermine the U.S. effort to curb greenhouse gases. Americas now a global leader when it comes to taking serious action to fight climate change, Obama said. And frankly, approving this project would have undercut that global leadership. And thats the biggest risk we face -- not acting. Denying TransCanada Corp. a permit...

Tags: project leadership climate citing

 

No to Keystone, yes to the planet

2015-11-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Nearly every mainstream climate scientist has said that a big portion of the fossil fuels now in the ground must remain there if the world is to avoid the worst consequences of global warming. That simple fact lay at the heart of President Obamas decision on Friday to say no to the Keystone XL oil pipeline from Canada. Stories from Our Advertisers The decision, which ends seven years of legal and political wrangling, was correct, on moral as well as scientific grounds. The pipeline, when completed,...

Tags: to planet keystone

 
 

Canada was irrelevant in Obamas decision to reject Keystone XL pipeline

2015-11-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: Rejecting Keystone XL was not about Canada. It was about U.S. President Barack Obamas legacy and his credibility. The President has decided that global warming poses an existential threat. And so, for Mr. Obama to head to Paris next month seeking to save the planet after giving the go-ahead to an $8-billion pipeline that has come to symbolize Big Oil digging up some of the worlds most carbon-laden fossil fuel would have looked like hypocrisy. The Presidents ability to make the case to other...

Tags: canada decision xl reject

 

TransCanada says to keep pushing Keystone; investors skeptical

2015-11-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: TransCanada Corp said on Friday it will keep pressing to build the Keystone XL oil pipeline from Canada to the United States despite the Obama administration's rejection, but skeptical investors suggested it focus on a controversial all-Canadian alternative. TransCanada is also developing the Energy East pipeline, designed to move 1.1 million barrels per day of western crude to Canada's East Coast, although it too faces opposition from environmentalists trying to halt industry expansion. "Although...

Tags: investors pushing keystone skeptical

 

Republicans are very mad about Obama's Keystone XL decision

2015-11-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Mother Jones: Friday morning, after years of heated battles between environmentalists and Republicans, President Barack Obama announced that he is rejecting the Keystone XL pipeline. In a speech, the president criticized both supporters and detractors of the pipeline from placing too much emphasis on a project that, according to the State Department's analysis, would neither create many jobs nor ruin the climate if approved. Still, reactions to his decision from Republicans in Congress and the 2016 presidential...

Tags: decision mad xl republicans

 

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