Thanks, Republicans!

Thanks, Republicans!

The Obama administration announced the demise today of the Keystone XL pipeline, which would have done nothing to promote America’s energy independence but everything to promote climate change:

President Barack Obama on Wednesday rejected a Canadian company’s plan to build a U.S.-spanning, 1,700-mile (2,700 kilometer) pipeline to carry oil across six U.S. states to Texas refineries, raising the stakes on a bitter election year fight with Republicans.

[snip]

Obama laid the responsibility for the rejection of the pipeline on political gamesmanship by Republicans.

“As the State Department made clear last month, the rushed and arbitrary deadline insisted on by Congressional Republicans prevented a full assessment of the pipeline’s impact, especially the health and safety of the American people, as well as our environment.” Obama said. “As a result, the Secretary of State has recommended that the application be denied.  And after reviewing the State Department’s report, I agree.”

TransCanada Corp. shares slid more than 3 percent after reports early Wednesday that rejection was imminent.

Rejection of the pipeline had been expected in Washington after Obama tried to delay the decision until 2013 but Congress forced his hand as part of a popular tax cut measure.

No pipeline and a payroll tax cut — the best of both worlds!  Who needs friends when you have enemies like today’s GOP?

Topics
Trade & Economic Law
9 Comments
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SomeJarhead
SomeJarhead
14 years ago

I don’t get it. I thought this is a blog about international law, not a platform for wacky political posturing (“today’s unhinged GOP”) and fanatical religious musings (“everything to promote climate change”)…

Edward Brynes
Edward Brynes
14 years ago

So building one pipeline is going to have a catastrophic effect on climate. Bill McKibben and James Hansen think so; it must be true. I see.

Stuart Ford
14 years ago

There is an informed discussion of the impact of the Keystone XL pipeline at Real Climate.  (http://www.realclimate.org/index.php/archives/2011/11/keystone-xl-game-over)  Their conclusion appears to be that the Keystone Pipeline on its own would not seriously alter the climate.  But if a number of such pipelines are built such that a significant percentage of the Athabaska oil sands are converted to fuel and burned, then it will essentially be impossible to avoid more than a 2 degree centigrade change in our average global temperature.

Steven Groves
Steven Groves
14 years ago

Again, is this an international law blog or a platform for the DNC?  I can get this crap on the Huffington Post.

SomeJarhead
SomeJarhead
14 years ago

This arbitrary and capricious executive decision will mean more oil shipped by train, truck, and tanker. Thus, more greenhouse emissions, more spills, and more supporting infrastructure. Also, more of the oil will go to Asian nations than would have had the pipeline been built; nations that have worse (or no) environmental restrictions on their refining and distribution processes.

So, the Obama Administration’s action is bad for our economy, bad for our environment, and bad for our future.

Fortunately, it will all be over next January.

Steven Groves
Steven Groves
14 years ago

That’s pretty good, Kevin.  I guess I have to admit it works!  In my defense, I’ve signed up for email updates from OJ so I get all new posts sent to me.  True, I clicked on your bait, though.