January 27, 2012

Keystone XL Permit Denied

The State Department has recommended that President Obama deny the Keystone XL pipeline approval. 

After reviewing the State Department report President Obama agreed with their recommendations and denied the permit. 

Time to celebrate? Not so soon. 

President Obama made the following comments in a statement today. 

"This announcement is not a judgment on the merits of the pipeline, but the arbitrary nature of a deadline that prevented the State Department from gathering the information necessary to approve the project and protect the American people."

The State Department's statement concludes - "The Department's denial of the permit application does not preclude any subsequent permit application or applications for similar projects." 

And TransCanada seems undeterred by this setback. "TransCanada remains fully committed to the construction of Keystone XL," Russ Girling, TransCanada's president and chief executive officer, said in a statement. "Plans are already underway on a number of fronts to largely maintain the construction schedule of the project."

So this fight will continue. 

Here is everything you need to know about Keystone XL. 
The Oil Goes to China, the Permanent Jobs Go to Canada, We Get the Spills, and the World Gets Warmer 

Post a Comment