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Exxon Mobil Corporation Message Board

  • bluecheese4u bluecheese4u Jul 19, 2013 8:34 AM Flag

    TransCanada rebuffs EPA’s call for Keystone clean energy

    TransCanada rebuffs EPA’s call for Keystone clean energy

    July 19, 2013 at 6:55 am by Bloomberg

    In a July 17 letter to the U.S. State Department, the Calgary-based company said the EPA suggested it buy renewable energy to run pumping stations from Alberta to Steele City, Nebraska. The EPA, in an April filing with the State Department, also said the U.S. should work with Canada to promote technology to capture and store underground the carbon-dioxide emissions generated in the production of Canadian oil.

    The State Department is reviewing the $5.3 billion project because it crosses an international border. TransCanada first applied for a permit for the project in 2008.

    “Keystone does not control the source of the power it purchases,” according to the letter, released yesterday by the company. “TransCanada has invested over $5 billion in emission-less energy sources including the largest wind farm in Maine and 13 hydro power stations in the U.S. Northeast.”

    The EPA said the pipeline will increase global warming emissions because developing crude from western Canada’s oil sands produces more carbon dioxide than the typical oil used in the U.S. In addition to the impact on climate change, environmental groups oppose the project because of the potential for oil spills along its more than 875-mile (1,408-kilometer) route.

    Revised Path

    President Barack Obama in 2012 rejected the original route proposed by TransCanada after officials in Nebraska said it endangered a sensitive wetland. The company has since proposed a new pathway that extends further east in the state to avoid the area.

    A draft environmental analysis prepared for the State Department said Keystone wouldn’t raise the risks of climate change because Alberta’s oil would probably be developed with or without the pipeline. If both Keystone and the other proposed pipelines from the oil sands aren’t built, the reduction in annual emissions would be at most 5.3 million metric tons a year of carbon dioxide, les

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