Wow! What else can I say. Read the articles below.
http://www.msn.com/en-ca/news/canada/obama-rejects-keystone-xl-pipeline/ar-CC2oUU?li=AAadgLE"Obama Rejects Keystone XL Pipeline"
The Obama administration Friday rejected a presidential permit for the highly controversial Keystone XL pipeline, the Associated Press reported. President Barack Obama was expected to announce his decision on the pipeline Friday morning with Secretary of State John Kerry at the White House."Killing Keystone XL, Obama says pipeline not in US interests"
By JOSH LEDERMAN,
Associated Press
The
Associated Press
WASHINGTON (AP) —
President Barack Obama killed a Canadian energy giant's application to build the
Keystone XL pipeline on Friday, declaring the proposed project wouldn't serve
U.S. national interests and would have undercut America's global leadership on
climate change. The decision capped a seven-year saga that spiraled into one of
the biggest environmental flashpoints of Obama's presidency.
Announcing his decision at the White House, Obama said he agreed with Secretary of State John Kerry, whose department formally rejected the proposal for a 1,179-mile pipeline crossing the nation's heartland. He downplayed the claimed economic benefits of the pipeline, arguing it wouldn't have lowered U.S. gas prices, contributed to U.S. jobs long-term or made the nation less dependent on foreign energy.
"This pipeline would neither be a silver bullet for the economy, as was promised by some, nor the express lane to climate disaster proclaimed by others," Obama said at the White House.
Announcing his decision at the White House, Obama said he agreed with Secretary of State John Kerry, whose department formally rejected the proposal for a 1,179-mile pipeline crossing the nation's heartland. He downplayed the claimed economic benefits of the pipeline, arguing it wouldn't have lowered U.S. gas prices, contributed to U.S. jobs long-term or made the nation less dependent on foreign energy.
"This pipeline would neither be a silver bullet for the economy, as was promised by some, nor the express lane to climate disaster proclaimed by others," Obama said at the White House.
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