U.S. to re-route Keystone XL due to environmental concerns
- Thread starter mentalfloss
- Start date
Me too.
I wonder how long it will be before Chiquita rethinks their position on this, it took less than a day for Bed, Bath and Beyond to retract their statements.
Expedited decision could kill Keystone XL project
WASHINGTON — The White House sent new signals Sunday that President Barack Obama may be forced to kill TransCanada Corp.’s Keystone XL oilsands pipeline if his administration is forced to make a decision on the project within 60 days.
Gene Sperling, a senior economic adviser to Obama, told CNN that legislation requiring a final ruling on Keystone XL within two months could doom the pipeline because there’s not enough time to complete a new environmental review.
“The experts at the State Department who are authorized for our government to make that very serious and complex review made clear . . . that if they were only given 60 days to look at the alternative routes in Nebraska and to do the serious environmental and health and safety reviews, that would (not) be enough time, and would make it almost certainly impossible for them to extend that permit,” Sperling said.
“They said it was very unlikely that 60 days would be enough time for them to be able to guarantee to the American people that an adequate safety, and health and environmental review had been done.”
The remarks cast new doubt on the fate of the $7-billion US project, which has become a pawn in a protracted game of political brinkmanship between congressional Republicans and the White House.
The U.S. Senate, in a bipartisan vote Saturday, approved legislation giving Obama a 60-day deadline to either approve Keystone XL or rule its construction wasn’t in the U.S. national interest. The provision was included as part of a bill that authorized a two-month payroll tax extension to 160 million Americans.
Nothing in the bill forces Obama to approve the pipeline, Sperling said. “The president did make clear that he was not going to allow to tie to that vote something that would mandate or force him to accept the Keystone permit when there was not adequate time to do a health and safety environmental review,” he said. “Nothing in this bill mandates the president to do that.
Expedited decision could kill Keystone XL project
WASHINGTON — The White House sent new signals Sunday that President Barack Obama may be forced to kill TransCanada Corp.’s Keystone XL oilsands pipeline if his administration is forced to make a decision on the project within 60 days.
Gene Sperling, a senior economic adviser to Obama, told CNN that legislation requiring a final ruling on Keystone XL within two months could doom the pipeline because there’s not enough time to complete a new environmental review.
“The experts at the State Department who are authorized for our government to make that very serious and complex review made clear . . . that if they were only given 60 days to look at the alternative routes in Nebraska and to do the serious environmental and health and safety reviews, that would (not) be enough time, and would make it almost certainly impossible for them to extend that permit,” Sperling said.
“They said it was very unlikely that 60 days would be enough time for them to be able to guarantee to the American people that an adequate safety, and health and environmental review had been done.”
The remarks cast new doubt on the fate of the $7-billion US project, which has become a pawn in a protracted game of political brinkmanship between congressional Republicans and the White House.
The U.S. Senate, in a bipartisan vote Saturday, approved legislation giving Obama a 60-day deadline to either approve Keystone XL or rule its construction wasn’t in the U.S. national interest. The provision was included as part of a bill that authorized a two-month payroll tax extension to 160 million Americans.
Nothing in the bill forces Obama to approve the pipeline, Sperling said. “The president did make clear that he was not going to allow to tie to that vote something that would mandate or force him to accept the Keystone permit when there was not adequate time to do a health and safety environmental review,” he said. “Nothing in this bill mandates the president to do that.
Expedited decision could kill Keystone XL project
TransCanada buys solar energy projects for $470-million
TransCanada Corp. (TRP-T43.44-0.31-0.71%), a major pipeline operator and power producer, has expanded its alternative energy business with a deal to buy nine solar power projects in Ontario for $470-million.
The big Calgary company said Tuesday it had had agreed to buy Ontario solar projects from Canadian Solar Inc. (CSIQ-Q2.21-0.19-7.92%), with a combined capacity of 86 megawatts.
All nine projects have 20-year power purchase agreements with the Ontario Power Authority.
“The addition of these solar projects allows us to expand and add to our diverse power generating portfolio where a third of the power we own, or have interests in, comes from alternative or renewable energy sources,” Russ Girling, TransCanada’s president and chief executive officer, said before stock markets opened Tuesday.
“Upon close of this acquisition, this low-risk investment is expected to be immediately accretive to earnings and cash flow.”
Under the agreement, each of the nine solar projects will be developed and built by Canadian Solar using their photovoltaic panels. TransCanada will buy each project after it begins commercial operation and subject to certain milestones being met.
The energy giant said it expects the projects will come into service between late 2012 and mid-2013 in Ontario, where the company has become the largest independent power producer in the province.
Ontario has been moving to grow its alternative energy business – solar , wind, biomass and other fuels – as it phases out coal-fired power generation.
Though best known for its massive pipeline network that ships Western Canadian gas to markets in Canada and the United States, TransCanada has also come to public attention for its $7-billion proposal to build the Keystone XL oil pipeline .
The controversial megaproject would deliver oil sands crude from northern Alberta and new U.S. supplies from North Dakota to refineries along the Texas Gulf coast. It has come under fire from critics and environmentalists and is still awaiting approval in early 2013.
TransCanada currently operates the largest wind farm in Canada, and the largest wind farm in New England. Its hydroelectric plants span three states in New Hampshire, Massachusetts and Vermont.
The company is also a partner in Canada’s first private nuclear generator– the Bruce nuclear power plant on the shores of Lake Huron – which currently produces 4,700 MW of electricity in Ontario.
Canadian Solar is one of the world’s largest solar companies, with operations in North America, Europe, Australia and Asia.
TransCanada buys solar energy projects for $470-million - The Globe and Mail
TransCanada Corp. (TRP-T43.44-0.31-0.71%), a major pipeline operator and power producer, has expanded its alternative energy business with a deal to buy nine solar power projects in Ontario for $470-million.
The big Calgary company said Tuesday it had had agreed to buy Ontario solar projects from Canadian Solar Inc. (CSIQ-Q2.21-0.19-7.92%), with a combined capacity of 86 megawatts.
All nine projects have 20-year power purchase agreements with the Ontario Power Authority.
“The addition of these solar projects allows us to expand and add to our diverse power generating portfolio where a third of the power we own, or have interests in, comes from alternative or renewable energy sources,” Russ Girling, TransCanada’s president and chief executive officer, said before stock markets opened Tuesday.
“Upon close of this acquisition, this low-risk investment is expected to be immediately accretive to earnings and cash flow.”
Under the agreement, each of the nine solar projects will be developed and built by Canadian Solar using their photovoltaic panels. TransCanada will buy each project after it begins commercial operation and subject to certain milestones being met.
The energy giant said it expects the projects will come into service between late 2012 and mid-2013 in Ontario, where the company has become the largest independent power producer in the province.
Ontario has been moving to grow its alternative energy business – solar , wind, biomass and other fuels – as it phases out coal-fired power generation.
Though best known for its massive pipeline network that ships Western Canadian gas to markets in Canada and the United States, TransCanada has also come to public attention for its $7-billion proposal to build the Keystone XL oil pipeline .
The controversial megaproject would deliver oil sands crude from northern Alberta and new U.S. supplies from North Dakota to refineries along the Texas Gulf coast. It has come under fire from critics and environmentalists and is still awaiting approval in early 2013.
TransCanada currently operates the largest wind farm in Canada, and the largest wind farm in New England. Its hydroelectric plants span three states in New Hampshire, Massachusetts and Vermont.
The company is also a partner in Canada’s first private nuclear generator– the Bruce nuclear power plant on the shores of Lake Huron – which currently produces 4,700 MW of electricity in Ontario.
Canadian Solar is one of the world’s largest solar companies, with operations in North America, Europe, Australia and Asia.
TransCanada buys solar energy projects for $470-million - The Globe and Mail
No, because this is a private endeavour (by an Oil Company nonetheless).
But it does help dispel your fear mongering myths about how investments in renewable energy will collapse our economy, lol
Yes, that's partly why our energy transition needs to be in the public domain and not up to private industry.
Want to make a good Eco-Action buck on the backs of taxpayers? Domestic solar hot water systems. They run $1100 a pop for a 32 tube, and 200L tank system at the factory. They are retailing for $6500 plus installation. You can fit 10 to a 20ft sea can. Hanjing will get them from Changzhou to port of Vancouver for $1200, transfer to CPR intermodal will cost another $1200 to get to energy starved ON
That's $45,000 in profit without installation costs.
No, I want everyone including myself to pay taxes for accountable, environmental regulation.
Why would you need taxes for that? Donate your pop bottles and cans. It's about high time ON had a deposit on empties instead of throwing them out.
Get with the times man.
Twin Coil Domestic Solar Hot Water Heater products, buy Twin Coil Domestic Solar Hot Water Heater products from alibaba.com
I just gave him wholesale and a plan to make $45K it's still not attractive enough
Twin Coil Domestic Solar Hot Water Heater products, buy Twin Coil Domestic Solar Hot Water Heater products from alibaba.com
Sometimes, even the true believers won't truly believe until they are forced by Dear Leader.
Some much for : 'Lead, follow or get out of the way'
That's a smoking opportunity and it's Green. What more could a young fella ask for? Get 9 customers and your's is free. Only a complete fool would pass that up.
Just ask yourself this MF: What would Suzuki do?
I know that you will find it in your heart to take that step and set an example for all to see... Just think of the polar bears and wee kittens and the floppy-eared puppy dogs that want you to do the right thing...
Setting you up with an Eco Action Plan is insulting? I should bill you for a consulting fee.
Hey captain. Since flossy doesn't have the balls or the capital, want to make an easy $22.5K? There is another $20K if you know a good plumber.
Hey captain. Since flossy doesn't have the balls or the capital, want to make an easy $22.5K? There is another $20K if you know a good plumber.
Insults?... These are solutions MF, why Mother Gaia's very survival depends on this... you've told us that thousands of times now. So instead of depending on the remote possibility that legislation will be enacted to achieve these worthy goals, you should leap into action and set the bar high.
Remember, every cause starts with one person taking a single step - you be that person.
Count me in... In fact, if we can get any kind of forward contracts on the placement of this stuff, we can finance it without putting up a single dollar.