Obama Will Reject the Keystone Pipeline
Barack Obama is going to reject the Keystone Pipeline. An official announcement is coming shortly.
The Wall Street Journal, which broke the news, says that Obama “is expected to cite the urgency of climate change as a key reason behind his decision.”
The rejection comes on the heels of an attempt by TransCanada, the company that wants to build the pipeline, trying to pull its application, likely with the hope that a Republican administration in 2016 might view it more favorably. Obama’s rejection of the pipeline project—which the scientist James Hansen famously said would be “Game Over for the Climate”—represents a major win for the environmental movement.
Rock bottom oil prices and the fact that Obama has only a year left in the White House no doubt made the choice easier.
[Photo: AP]