Energy Projects Firmly In Political Fray Post-Keystone
Law360, New York (November 6, 2015, 7:38 PM EST) -- While President Barack Obama's rejection of the Keystone XL pipeline has more symbolic than tangible value in the fight over U.S. energy and climate policy, his decision highlights the growing politicization of major energy infrastructure project reviews that developers can no longer ignore, experts say.
Obama said Friday that the U.S. Department of State had concluded that TransCanada Corp.'s Keystone project, which would transport oil sands from Canada to refineries on the Gulf Coast, wasn't in the national interest. The pipeline wouldn't have meaningful, long-term economic benefits or lower gas prices and would hinder the nation's shift toward a clean energy...
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