Wednesday, January 18, 2012

Obama administration to reject Keystone pipeline

The Obama administration will announce this afternoon that it is rejecting a Canadian firm’s application for a permit to build and operate the Keystone XL pipeline, a massive project that would have stretched from Canada’s oil sands to refineries in Texas, according to people who have been briefed on the matter.

However, the administration will allow TransCanada to reapply after it develops an alternate route around the sensitive habitat of Nebraska’s Sandhills. Deputy Secretary of State William J. Burns will make the announcement, which comes in response to a congressionally mandated Feb. 21 deadline for action.
Read the rest here.

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