TransCanada Corp. chief executive officer Russ Girling told reporters Sept. 16 he is “frustrated” by critics of the Keystone pipeline who have cast the project as a symbol of increased greenhouse gas emissions and warming.
It's been caught up in this debate it has nothing to do with,” Girling said. “Actual people that are impacted by this project are supportive and willing to move forward with it,” Girling said during a meeting with reporters on Capitol Hill.”
Those that are in places on the coasts who want to go to these rallies, who know nothing about the route in South Dakota, Montana, or Nebraska, have piled in with this other issue,” Girling said. “As you can tell, I'm a bit frustrated by that. I don't know how to separate it.”
A final environmental review of the $5.4 billion project, released by the State Department in January, found the pipeline would increase emissions by 1.3 million tons to 27.4 million tons of carbon dioxide each year, though environmentalists have called that figure underestimated.
Study, State Department Differ on Estimates
A study published in August, for instance, said the pipeline would increase emissions by up to 110 million tons of carbon dioxide equivalent per year, or about 1.7 percent of total U.S. greenhouse gas emissions in 2012.
This narrative is the exactly the problem we are confronting, this pipeline directly relates to climate change, not just in terms of emissions, but what it does to the communities in the path of the pipeline,” Hoda Baraka, a spokeswoman for the environmental group 350.org, said.
The Brooklyn, N.Y.-based nonprofit is one of the organizers of the “People's Climate March” in New York, which will be held Sept. 21 in advance of the UN Climate Summit in New York City and is expected to draw as many as 100,000 participants. The march will include the Keystone pipeline as “one of the struggles that is being highlighted,” Baraka said in an interview.
The pipeline, which would transport crude from oil sands in Alberta, Canada, to an existing segment of pipeline in Steele City, Neb., is pending approval by the State Department because it crosses an international boundary.
The project, which was first proposed in 2008, reaches a six-year milestone of inaction on Sept. 19, with each year costing as much as $150 million in carrying costs, Girling said, after a meeting with Sen. John Hoeven (R-N.D.).
I've been at this for six years and I have no idea” when President Barack Obama will make a decision on the project, Girling said.
For more information on subscribing to "Energy and Climate Report" or to try it for free, click here.
To sign up for email highlights, click here.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)