Michael Bloomberg: Keystone Veto is an opportunity for Canada, not a loss

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Some positivity for those disheartened over the grave news about the Keystone XL pipeline.



Michael Bloomberg: Keystone veto is an opportunity for Canada, rather than a loss

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Michael Bloomberg, Special to National PostWednesday, Feb. 25, 2015


The Keystone XL pipeline has become a perfect symbol of Washington’s dysfunction. Democrats exaggerate its environmental impact while Republicans exaggerate its economic benefits. In the debate, each side talks past the other, because each cares more about gaining a political advantage than a policy achievement. Yet a path exists for President Barack Obama to transcend these differences and allow both sides to declare victory.

I’m a strong believer in the need to take bold action on climate change, and I’ve devoted a great deal of time and energy to this work, in the public, private and philanthropic sectors. Ignoring carbon pollution is disastrous for public health, and ignoring the risks associated with climate change is environmentally and economically foolish. But contrary to conventional wisdom, the Keystone pipeline could open up a rare opportunity to achieve progress on climate change.

A U.S.-Canada agreement would position Canada as a leader on climate change, while also delivering a big economic boost to its economy.

President Obama vetoed a bill Tuesday that would preempt his review of the pipeline, but he has not indicated whether he will ultimately approve Keystone. Therein lies the opportunity to negotiate a path forward — not with Republicans or Democrats, but with Canadians.

The Canadian government has been pressing the White House to approve the pipeline, which would bring many more economic benefits to Canada than it would to the United States. That gives the White House enormous leverage, which it should use to negotiate a broader, climate-friendly deal that far more than offsets the potential impact of the pipeline.


Former New York mayor Michael Bloomberg. Andrew Burton/Getty Images

The timing is right for talks. The Canadian government will face increasing pressure to take a more aggressive approach to climate change in the run-up to the United Nations conference in Paris this December. Prime Minister Stephen Harper has committed $300 million to help developing countries tackle climate change, which is commendable. But there is much more that Canada can be doing at home. According to a recent report on the progress that industrialized countries are making on climate change, Canada ranks near the bottom. The U.S. doesn’t fare much better.

A U.S.-Canada agreement would position Canada as a leader on climate change, while also delivering a big economic boost to its economy. Here in the U.S., Republicans in Congress could declare economic victory, while Democrats could declare environmental victory. The president could declare both, while also burnishing his foreign policy legacy and building momentum for the conference in Paris.

Last year, President Obama reached a breakthrough climate change agreement with China, after traveling to Beijing to meet with President Xi Jinping. Canada and China are the U.S.’s two largest trading partners. Reaching climate agreements with both would be no small feather in his cap. And the flight to Ottawa is a lot shorter.

Canada and the U.S. have always worked together closely on climate-related matters. Canada is our largest supplier of oil, and one of our closest allies. Keystone is a diplomatic issue, and the White House should begin treating it that way. Republicans in Congress who have criticized the president for not being a sufficiently tough international negotiator should insist on nothing less.

As the U.N. secretary-general’s special envoy for cities and climate change, I encourage President Obama and Prime Minister Harper to engage in talks that can lead to an agreement that will benefit both our nations’ economies and environments.

The endless partisan debate over the Keystone XL pipeline has gotten us nowhere. Instead of continuing to argue among ourselves, it would be far more productive to engage our friends north of the border. The gridlock that defines Washington need not curtail diplomacy — nor stand in the way of progress on climate change.

Bloomberg News

Michael R. Bloomberg is the former mayor of New York City, and majority owner of Bloomberg LP, the parent company of Bloomberg News. He is the U.N. secretary-general’s special envoy for cities and climate change.

Michael Bloomberg: Keystone veto is an opportunity for Canada, rather than a loss
 

taxslave

Hall of Fame Member
Nov 25, 2008
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Vancouver Island
The real benefit to Canada is not in negotiating to see who can squander more money in a scam but to totally ignore the US and build lines both East and West opening access to the world for our products.
 

Colpy

Hall of Fame Member
Nov 5, 2005
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Michael Bloomberg?

Anti-gun liar, soda size control freak, complete idiot?

That Bloomberg?

Who cares what Bloomberg thinks?
 

petros

The Central Scrutinizer
Nov 21, 2008
118,621
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Low Earth Orbit
How many jobs would Keystone XL have killed? Why were they going to cut through the Dakotas instead of just doubling the already approved and functioning Keystone route through MB an MN?
 

petros

The Central Scrutinizer
Nov 21, 2008
118,621
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113
Low Earth Orbit
Keystone is already feeding America. XL is a whole different line.

If TransCanada wanted, they could build five lines down the preexisting already cleared Keystone route.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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A Mouse Once Bit My Sister
Really.

So we should just walk away from Keystone then?

For now... No point in pushing something that isn't wanted.

Besides, it is in Canada's best interest to sell direct into new markets like Europe and China.

All we need now is for the ecotards to starve a bit by virtue of their donations drying up (poor economy ya know, don't got no extra cash to donate) and we'll have potentially 3 lines to East and West.