The State Department released a draft environmental impact assessment of the controversial Keystone XL pipeline Friday afternoon, suggesting that blocking the project would not have a significant impact on either the future development of Canada’s oil sands region or U.S. oil consumption.
The analysis, which will inform the decision President Obama must make later this year on whether to grant TransCanada the permit to construct the pipeline connecting Alberta’s oil sands to Gulf Coast refineries, does not give environmentalists the answer they had hoped for in the debate over the project’s climate impact. Opponents say a presidential veto of the project would send a powerful message to the world about the importance of moving away from fossil fuels and make it more difficult for Canada to export its energy-intensive oil.
Source: Washington Post. Read full article. (link)