Keystone pipeline report boosts supporters, deflates environmentalists
February 26th, 2014
08:58 PM ET
8 months ago

Keystone pipeline report boosts supporters, deflates environmentalists

Washington (CNN) - A new State Department report on the Keystone XL pipeline released Wednesday cheered advocates, who called for immediate approval, and dismayed environmentalists, who questioned it.

The Office of the Inspector General’s report essentially boosted a critical document in the debate - the State Department’s environmental review, which forecast that the project would have minimal environmental impact.  The inspector general dismissed complaints that the review was biased, finding it was handled properly, with standards sometimes “more rigorous” than required.

Environmental groups complained that some contractors who worked on the environmental study had also done work for TransCanada, the company which hopes to build the pipeline.
FULL POST


Filed under: Energy • Environmental policy • State Department
February 26th, 2014
06:09 PM ET
8 months ago

Keystone pipeline may be headed for further delay

Washington (CNN) - A debate of more than five years could stretch even longer with Wednesday's call for a health study on the proposed Keystone XL oil pipeline from Canada.

Two Democratic senators - Barbara Boxer of California and Sheldon Whitehouse of Rhode Island - urged Secretary of State John Kerry to examine higher rates of cancer and other illness reported in places impacted by the "tar sands" oil from northern Alberta.

Their letter to Kerry sought to further delay the project that has support from Republicans, some Democrats, the oil industry and labor unions. A Pew Research Center poll in September showed 65% of respondents favored building it.

So why is this still being debated?

READ FULL STORY


Filed under: Energy • Environmental policy • John Kerry • Senate • State Department
Obama, Harper differences over Keystone pipeline on display at summit
February 20th, 2014
01:00 AM ET
8 months ago

Obama, Harper differences over Keystone pipeline on display at summit

(CNN) – Canadian Prime Minister Stephen Harper on Wednesday said a report on the Keystone XL pipeline was "pretty definitive" in its assessment that it would not affect climate change, an issue President Barack Obama says must be part of the discussion.

The comments by the two leaders came at a news conference following a summit of the leaders of North America, which brought together Harper, Obama and Mexican President Enrique Pena Nieto in Toluca, Mexico.

FULL STORY

Filed under: Energy • President Obama
Obama takes next step in fuel efficiency drive
February 18th, 2014
06:00 AM ET
8 months ago

Obama takes next step in fuel efficiency drive

Updated 2:10 p.m. ET, 2/18/2014

Washington (CNN) – President Barack Obama took the next step on Tuesday in his administration's effort to cut emissions and reduce oil use through better fuel economy on the nation's highways.

Speaking at a Safeway distribution center in Maryland, Obama instructed environmental and transportation agencies to get to work on the next round of gas mileage requirements for big trucks.
FULL POST

Despite report, final Keystone decision not near
February 2nd, 2014
10:29 AM ET
9 months ago

Despite report, final Keystone decision not near

Washington (CNN) – A final decision on whether or not to approve the hotly debated Keystone XL oil pipeline isn’t imminent, the White House chief of staff said on Sunday, despite a State Department report last week showing the project wouldn’t have a major impact on carbon emissions.

That report encouraged supporters of the project, which environmentalists warn could lead to more oil spills. Obama has said that he’ll only approve the pipeline if it doesn’t intensify carbon pollution.

FULL POST


Filed under: Energy • President Obama
Keystone pipeline impact study expected Friday
The Keystone XL pipeline would be expected to carry 830,000 gallons a day, but it has met with protest, largely over environmental concerns.
January 31st, 2014
07:45 AM ET
9 months ago

Keystone pipeline impact study expected Friday

(CNN) – The results of an environmental impact study into the Keystone XL pipeline project will be announced Friday afternoon, two senior administration officials and another source familiar with the timing told CNN.

The sources were not authorized to speak on the record.

FULL STORY

Filed under: Energy • Environmental policy
Republicans call for Keystone approval in weekly address
August 10th, 2013
06:00 AM ET
1 year ago

Republicans call for Keystone approval in weekly address

(CNN) – The controversial Keystone XL pipeline was the subject of Saturday’s weekly Republican address, delivered by Sen. Tim Scott of South Carolina.

The State Department is in the final stages of reviewing the Canada-to-Texas pipeline. Proponents of the project, many of them Republicans that Obama is looking to compromise with on key issues, say Keystone will enable U.S. energy independence, create jobs and develop important industrial infrastructure.
FULL POST


Filed under: Energy • Tim Scott
If Wall Street's right, Obama may nix Keystone
August 2nd, 2013
07:08 AM ET
1 year ago

If Wall Street's right, Obama may nix Keystone

New York (CNNMoney) - President Obama hasn't decided whether he will approve the expansion of the controversial Keystone oils sands pipeline just yet. But in a strange turn of events, some opponents of the plan are finding support for their position from an unlikely source: Wall Street.

Obama has long said that he will only approve the project if it doesn't significantly contribute to climate change. He reiterated that in a recent interview with The New York Times. The State Department has said it won't because it thinks the oil sands, which are dirtier than conventional oil, will get developed no matter what happens to Keystone. In other words, that oil is going to leave Canada somehow ... so it might as well be through the United States.

FULL STORY

Filed under: Energy • Wall Street
Coal companies hit by oversupply, Obama
July 1st, 2013
07:05 AM ET
1 year ago

Coal companies hit by oversupply, Obama

New York (CNNMoney) – Coal company stocks have taken a hit lately, as a global oversupply and pending climate change rules from the Obama administration weigh on the sector.

The Market Vectors Coal Index ETF is down 17% in the last 30 days. Some individual companies have fared even worse. Shares of Peabody Energy Corporation have plunged nearly 30% from a month ago, as have shares in Yanzhou Coal Mining. Shares in Westmoreland Coal Co. are down about 10%.

FULL STORY

Filed under: climate change • Energy • President Obama
Obama to tackle climate change in speech
June 22nd, 2013
04:36 PM ET
1 year ago

Obama to tackle climate change in speech

Washington (CNN) – President Barack Obama will announce his plans to "reduce carbon pollution" in a climate change speech next week, the White House announced Saturday.

"There's no single step that can reverse the effects of climate change. But when it comes to the world we leave our children, we owe it to them to do what we can," Obama said in a video released on the White House's YouTube page.
FULL POST


Filed under: climate change • Energy • President Obama
« older posts
newer posts »