So there is Russ Girling, TransCanada Corp.’s chief executive officer, tubing giddily through a meandering oil pipeline, crude oil streaking his face, cackling about how a “little old-fashioned lying” got a gullible American public to buy into his Keystone XL pipeline.
TransCanada Corp. said a U.S. State Department report that found its proposed Keystone XL project would have limited environmental impact is an “important milestone” in the company’s efforts to build a new pipeline linking Alberta’s oil sands to the U.S. Gulf Coast.
Now that the U.S. government has cleared the Keystone XL project of any dire environmental impact, attention is returning to why the pipeline was needed in the first place: to get more Canadian oil to U.S. refineries.
The proposed Keystone XL pipeline cleared a key hurdle today with a government study that found its impact on the climate would be minimal, which supporters said meets President Barack Obama’s test for allowing the project to be built.
Rejecting TransCanada Corp.’s $5.4 billion Keystone XL pipeline due to carbon emissions in the oil sands would set a precedent for all U.S. infrastructure projects, Chief Executive Officer Russ Girling said.