Friday, November 06, 2015

Obama Rejects Construction of Keystone XL Oil Pipeline

President Obama announced on Friday that he had rejected the request from a Canadian company to build the Keystone XL oil pipeline, ending a seven-year review that had become a symbol of the debate over his climate policies. Stories from Our Advertisers Mr. Obama’s denial of the proposed 1,179-mile pipeline, which would have carried 800,000 barrels a day of carbon-heavy petroleum from the Canadian oil sands to the Gulf Coast, comes as he seeks to build an ambitious legacy on climate change. “America is now a global leader when it comes to taking serious action to fight climate change,’’ Mr. Obama said in remarks from the White House. “And frankly, approving this project would have undercut that global leadership.’’ Continue reading the main story Related Coverage The move was made ahead of a major United Nations summit meeting on climate change to be held in Paris in December, when Mr. Obama hopes to help broker a historic agreement committing the world’s nations to enacting new policies to counter global warming. While the rejection of the pipeline is largely symbolic, Mr. Obama has sought to telegraph to other world leaders that the United States is serious about acting on climate change...more

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