Thursday, November 8, 2012

Canadian Perspective On The Keystone Following The Election

Link here to Calgary Herald.
As Canadian political and business leaders expressed optimism the proposed Keystone XL pipeline will win approval under a re-elected President Barack Obama, environmental opponents and the U.S. ambassador to Canada cautioned the energy megaproject isn’t a slam dunk.
But Obama, who earlier this year rejected TransCanada Corp.’s initial application because it needed more environmental review, has remained noncommital about the fate of the line, which would ship Alberta oilsands product to the U.S. Gulf Coast.
By the way, that reminds me, I need to post the top ten "to do" list for the EPA.

2 comments:

  1. A lot of positive views by the Canadians. The chance of approval are pretty slim with this administration that resents what this country is and are not interested in anything positive for the good of our country.

    They will have to find a way to play the crony capitalist game like Warren Buffett and GE's Jeffery Imult for this administration to be interested.

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    Replies
    1. Yes, Warren Buffett and GE are great at taking advantage of opportunities provided by the federal bureaucracy.

      Someone pointed out the other day the more the government picks up the tab for disasters, the less insurance companies (e.g. Warren Bufffett) will be on the hook. I had not even thought of that.

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