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Would An Emissions Deal Break The Deadlock Over Keystone XL?
Energy Trend Insider: Bloomberg and others have reported that in August the Canadian Prime Minister sent a letter to President Obama, proposing to work with the US to reduce greenhouse gas emissions from the oil and gas sector as a way to facilitate US approval of the Keystone XL pipeline (KXL.) The only surprising aspect of this story, if accurate, is that it has taken so long for so obvious a solution to be floated. If, as I believe, opposition to the pipeline has little to do with potential spills and local rights of way, and everything to do with the emissions profile of Canadian oil sands crude — accurately or not — then environmentalists should welcome this overture.
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