Page 4 - ARUBA TODAY 7 NOV 2015
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U.S. NEWSSaturday 7 November 2015

Obama Quashes Keystone XL to Boost Climate Leverage 

JOSH LEDERMAN                 President Barack Obama, accompanied by Vice President Joe                        based on other factors. He    day risks creating a fresh
Associated Press              Biden and Secretary of State John Kerry, announce he’s reject-                   didn’t broach that topic in   point of tension in his rela-
WASHINGTON (AP) — End-        ing the Keystone XL pipeline because he does not believe it                      his remarks, and State De-    tionship with Canada’s new
ing a seven-year political    serves the national interest, Friday Nov. 6, 2015, in the Roosevelt              partment officials said they  government. After speak-
saga, President Barack        Room of the White House in Washington.                                           had determined Keystone       ing by phone with Obama
Obama killed the pro-                                                                                          wouldn’t significantly af-    on Friday, Canadian Prime
posed Keystone XL pipe-                                                                (AP Photo/Susan Walsh)  fect carbon pollution lev-    Minister Justin Trudeau said
line on Friday, declaring it                                                                                   els.                          he was “disappointed by
would have undercut  U.S.     with a State Department       “This pipeline would neither                       Instead, the administration   the decision” but pledged
efforts to clinch a global    conclusion that Keystone      be a silver bullet for the                         cited the “broad percep-      to pursue a “fresh start”
climate change deal at        wouldn’t advance  U.S.        economy, as was promised                           tion” that Keystone would     with Obama nevertheless.
the center of his environ-    national interests. He la-    by some, nor the express                           carry “dirty” oil, and sug-   For TransCanada, the fi-
mental legacy.                mented that both political    lane to climate disaster                           gested approval would         nancial imperative to build
Obama’s decision marked       parties had “overinflated”    proclaimed by others,” he                          raise questions abroad        Keystone may have fallen
an unambiguous victory        Keystone into a proxy bat-    said. Although Obama in                            about whether the  U.S.       off recently amid a sharp
for environmental activists   tle for climate change but    2013 said his litmus test for                      was serious about climate     drop in oil prices that could
who spent years denounc-      glossed over his own role in  Keystone would be wheth-                           change. “Frankly, approv-     make extracting and trans-
ing the pipeline, lobbying    allowing the controversy to   er it increased  U.S. green-                       ing this project would have   porting the product much
the administration and        drag out over several na-     house gas emissions, his                           undercut that global lead-    less lucrative. TransCanada
even chaining themselves      tional elections.             final decision appeared                            ership,” the president said.  has insisted that wasn’t the
to tractors to make their                                                                                      Obama will travel to Paris    case. Though environmen-
point about the threat                                                                                         at the end of the month for   tal groups hailed Friday as
posed by dirty fossil fuels.                                                                                   talks on a global climate     a “day of celebration,”
It also places the president                                                                                   agreement, which the          Obama’s decision was un-
and fellow Democrats in                                                                                        president hopes will be the   likely to be the last word for
direct confrontation with                                                                                      crowning jewel for his en-    Keystone XL.
Republicans and energy                                                                                         vironmental legacy. Killing   TransCanada, the com-
advocates heading into                                                                                         the pipeline allows Obama     pany behind the proposal,
the 2016 presidential elec-                                                                                    to claim aggressive action,   said it remained “absolute-
tion.                                                                                                          strengthening his hand as     ly committed” to building
The president, announcing                                                                                      world leaders gather in       the project and was con-
his decision at the White                                                                                      France.                       sidering filing a new appli-
House, said he agreed                                                                                          Obama’s decision on Fri-      cation for permits. q
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