Keystone XL Pipeline Loses the Week
Judging by this week's news, the controversial pipeline is the victim of a misguided environmental campaign and is also less relevant than ever, as oil companies look for other options—namely railways—to move their product.
It doesn't get much worse than being both unnecessary and a casualty in a fight—in this case, over climate change—where you've become the inadvertent decoy. People start to ignore you.
Now in the fifth year of the Keystone saga, you should expect a growing degree of "pipeline fatigue." Energy companies are looking beyond it and headlines are dropping off (or repeating themselves). This is bad for TransCanada, the company seeking President Obama's approval, and environmentalists, who will lose momentum in their quest to make the pipeline global warming's red line.
Meanwhile, Obama is emerging as the winner. His decision will mean less—no matter what he chooses—as this oversized debate finally deflates.
TOP ENERGY NEWS
By Alex Brown
CARBON EMISSIONS GREW AGAIN IN 2012. But the pace is slowing.
BOOKER JOINS ENVIRONMENT AND PUBLIC WORKS COMMITTEE. Boxer hails newest member.
DO REPUBLICANS BELIEVE IN GLOBAL WARMING? Not if they're in the tea party, according to a new poll.
OBAMA ORDER SEEKS TO PREPARE COUNTRY FOR BIGGER STORMS. President will also create a task force of mayors and governors.
COAL COUNTRY'S DECLINE HAS A LONG HISTORY. mining jobs began disappearing long before Obama entered the White House, for reasons that have nothing to do with the regulations now coming out of Washington.
EPA DEFENDS REGULATION OUTREACH. Some lawmakers have criticized a lack of coal-country listening sessions.
STUDY: OCEANS ABSORBING MUCH OF CLIMATE CHANGE'S IMPACT. But we don't know how long that will last.
CHEMICAL-SAFETY REVIEW PUSHED BACK BY SHUTDOWN. Obama's response to the Texas fertilizer explosion has been delayed at least a month.
DOE MOVES FORWARD WITH CARBON-CAPTURE PROJECT. Final approval could come next month.
MONIZ VISITS FUKUSHIMA. The Energy Secretary pledged America's support in the ongoing recovery.
DOE HAILS CALIFORNIA SOLAR PLANT. The newly opened project received $1.2 billion from a federal-loan program.
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