Recent

% | $
Quotes you view appear here for quick access.

Exxon Mobil Corporation Message Board

  • bluecheese4u bluecheese4u Sep 16, 2013 2:50 PM Flag

    Obama’s ex-climate czar: Canadian CO2 offer would ‘change the debate’ on Keystone

     

    Obama’s ex-climate czar: Canadian CO2 offer would ‘change the debate’ on Keystone

    Ben Geman - 09/16/13 01:29 PM ET

    Carol Browner, President Obama’s former climate czar, said Monday that Canada could boost the odds of winning White House approval of the Keystone XL pipeline by offering fresh greenhouse gas reductions.

    “I think it is conceivable that Canada will offer an offset for the emissions, which will change the debate,” Browner said at a Bloomberg event in New York City.

    “I do think for a lot of the people who are objecting to it, it is the amount of greenhouse gases, the amount of energy it takes to get the tar sands up out of the ground, and if [Prime Minister] Harper can say ‘Mr. President, that’s X amount of greenhouse gases and I’m prepared to reduce greenhouse over here,’ then I think that drops the temperature on some of the arguments,” Browner, now a senior fellow at the liberal Center for American Progress, said at Bloomberg’s “Next Big Thing Summit.”

    Her comments came in response to a question about whether she believes Keystone will be approved.

    Offsets generally refer to policies that counterbalance one emissions source through climate-friendly activities elsewhere, such as forest conservation and planting and green energy projects.

    Obama said in June that he will not approve TransCanada Corp.’s proposed pipeline unless he’s sure it would not “significantly exacerbate” carbon pollution on a “net” basis.

    Obama’s comments have prompted speculation about what type of offers the Harper government, which is lobbying hard for White House approval, could make to help meet Obama’s test.

    Harper reportedly sent Obama a letter in late August proposing new joint work on emissions to help win approval of Keystone.

    The portion of Keystone under review would bring oil from Alberta’s oil sands projects across the border and through several states en route to Gulf Coast refineries.

    thehill

    This topic is deleted.
 
XOM
87.14-0.38(-0.43%)Aug 31 4:00 PMEDT