++The Senate approved the Keystone XL Pipeline by a vote of 62 to 39.
++ Technically, the Pipeline is still being reviewed by the State Department and a slew of lawsuits have begun by land owners whose property is being seized on the grounds of eminent domain.
++Right now, the pipeline doesn't make any economic sense. And the lawsuits will probably drag the process along another 3 years because the companies have to show the public need for the pipeline, not just their need for a profit.
++If I were President Obama, I would veto the bill simply because it is the executive branch that must prove cross-border pipelines,power lines, etc.
++Organizations like 350.org want the pipeline vetoed because of issues around global warming. What they really object to is the tar sands oil, which is the most toxic fossil fuel.
++Rumor has the Koch brothers being the biggest winners from this deal since they own 1,000s upon 1,000s of acres of the tar sands. A hyperbolic estimate of their profit is $1 trillion. But the author of this has lowered the estimate.
++Americans get nothing but maybe 35 permanent workers and hopefully it doesn't ruin the Ogalala acquifers.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment