Five Stories: TransCanada Pleads for Delay on Keystone XL, Hoping to Avoid Outright Rejection
Here are five recommended reads for today (11/3/15).
- Reuters reports: “Faced with dimming prospects for approval, the Canadian company behind the proposed Keystone XL pipeline chose to plead with the U.S. government for a delay on its fate, signaling that prolonged uncertainty is preferable to rejection of the $8 billion project. Monday’s appeal by Calgary-based TransCanada Corp has been widely interpreted as an attempt to avert an impending ‘no’ from President Barack Obama to the nearly 1,200-mile (2,000-km) cross-border pipeline. “
- According to RenewEconomy, “Big Coal faces oblivion with strong 2°C climate deal in Paris.”
- The Hill reports: “A group of Senate Democrats is asking the Obama administration to charge federal-land coal fees that account for the costs of climate change. The senators, led by Sen. Maria Cantwell (Wash.), want to hold mining companies responsible for the global warming that the carbon dioxide emissions from their coal will cause. The lawmakers sent the letter to the Interior Department as Secretary Sally Jewell and her staff wrestle with proposals to reform the way the federal government charges private companies to extract taxpayer-owned coal.”
- According to DeSmogBlog: “A new report recently released by InfluenceMap shows a number of oil and gas companies publicly throwing their support behind climate initiatives are simultaneously obstructing those same efforts through lobbying activities. The report, Big Oil and the Obstruction of Climate Regulations, comes on the heels of the Oil and Gas Climate Initiative, a list of climate measures released by the CEOs of 10 major oil and gas companies including BP, Shell, Statoil and Total.”
- InsideClimate News reports, “Four members of Congress asked the Securities and Exchange Commission late Friday to investigate ExxonMobil’s past federal filings to determine if the company violated securities laws by failing to adequately disclose material risks to its business posed by climate change.”
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