ESG & Industry Updates

TransCanada/White House Standoff Begins Ahead of Climate Change Summit

Posted by Ed Burke on Nov 4, 2015 1:24:28 PM

In a surprise move Monday, TransCanada issued a request to the U.S. State Department that they pause the ongoing review of the project until the legal challenges in Nebraska are settled. (Interestingly and somewhat ironically, this is the exact same reason Secretary of State John Kerry gave for why the review was taking so long when asked last year.)

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Topics: Keystone XL, TransCanada, Climate Change, obama

Keystone XL Hits the Senate Floor

Posted by Ed Burke on Nov 18, 2014 11:59:17 AM

Today, the bill to approve the construction of the the Keystone XL pipeline hits the Senate, after the House approved Cassidy's legislation by 252-161 on Friday. 

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Topics: Energy Independence, Keystone XL, Energy Infrastructure, TransCanada, senate

Pipeline Stubbornness - Canada's "Work Around" & US Environmental Harm

Posted by Ed Burke on Oct 17, 2014 12:00:00 PM

 

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Topics: Keystone XL, TransCanada, shale, railcar regulations, irving oil, environment

Progress on Keystone XL? ....Don't Get Your Hopes Up

Posted by Ed Burke on Jun 25, 2014 2:49:09 PM

Oil pipline in the snow

 

Tuesday the House passed bipartisan legislation to speed up the approval process for cross-border energy projects (ie Keystone XL), despite a promised veto from President Obama.  The bill is known as the “North American Energy Infrastructure Act”, featuring 12 Republican and 8 Democratic co-sponsors. If it passed the Senate, it would establish by law that projects be granted or denied approval within 120 days of the Environmental Impact Study, and more significantly, it would remove the need for Presidential Approval.

Technically the bill doesn’t apply to Keystone XL, because the applications and environmental impact studies are already completed for that proposed project. However, that’s obviously the most glaring example of the need to speed up the process, and probably the impetus for the bill’s submission in the first place. In theory, TransCanada could resubmit their application and be subject to the speedier process. (A motion to prevent TransCanada from resubmitting should the bill pass was handily shut down by a wide margin.) 

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Topics: Energy Independence, Keystone XL, Energy Infrastructure, Congress, TransCanada, Environmental Impact Study

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