Why Environmentalists Have Already Won the Keystone Fight
In the environmental business, delay is success.
In the business world, delay is at least detrimental, and it can be financially fatal.
That's why environmentalists have won and business has lost the fight over the Keystone XL pipeline, which has been stuck in regulatory limbo—largely due to successful grassroots opposition by environmental groups—for more than five years.
No matter what Obama decides, the environmentalists have already succeeded by making the debate about climate change and delaying the review to a point where the pipeline's necessity is in doubt.
Most of all, they have set a precedent for protracted environmental reviews for future energy projects.
This is the first famous pipeline in the world, but it won't be the last.
TOP ENERGY NEWS
INTERIOR NEARS RELEASE OF TIGHTER OFFSHORE-DRILLING STANDARDS. The rule would improve the "blowout preventers" that failed to halt the 2010 BP spill.
KEYSTONE OPPONENTS PLEDGE CIVIL DISOBEDIENCE IF PIPELINE APPROVED. Activists are planning for sit-ins if Obama approves the project.
CRAMER CALLS FOR COAL RULE LISTENING SESSIONS IN NORTH DAKOTA. The North Dakota congressman is the latest Republican to call on EPA to visit coal country.
OIL BOOM PUTTING PRESSURE ON BOTH PIPELINES AND RAILS. Spills have raised concerns about both methods of transportation.
UPTON CONTINUES PUSH TO SPEED UP CROSS-BORDER PIPELINES. The House Energy and Commerce Committee will hold a hearing next week.
WHITFIELD PITS EPA VS. RED-STATE DEMS. The House Republican wants to put his colleagues on the record with votes on the agency's new power-plant emissions rules.
HOUSE PASSES WATER RESOURCES BILL. The Senate passed its version of the bill in May, setting up a conference committee between the two bills as the next step toward final passage.
CARBON EMISSIONS FROM U.S. POWER PLANTS IN DECLINE. New data show carbon pollution from U.S. power plants has fallen by 10 percent since 2010.
OIL PRICES AT LOWEST LEVEL SINCE JUNE. Benchmark U.S. crude hit $96.86 a barrel on Wednesday.
MELTING ARCTIC ICE CLEARS WAY FOR FOSSIL-FUEL EXTRACTION. Arctic ice is melting faster than expected, opening up pathways to access vast oil and natural-gas reserves.
CLIMATE TALK. The Center for American Progress will host its 10th anniversary policy conference to discuss the economic and environmental impacts of climate change and other issues, featuring a host of speakers, including Secretary of State John Kerry and former Vice President Al Gore.