Earlier this week, respected global engineering and research firm IHS CERA published a paper that concluded what the NAM and other supporters of the Keystone XL pipeline have been saying throughout this debate, which is “that the incremental GHG emissions from the [Keystone] pipeline would not be substantial.” The study, entitled “Keystone XL Pipeline: No Material Impact on U.S. GHG Emissions,” also reaffirms what others, State Department included, have been saying all along: heavy crude oils, including those from the Canadian oil sands, will continue to be refined whether or not the Keystone XL Pipeline is built.
On June 25 President Obama pledged in a climate speech that he would not approve the project if it would “significantly exacerbate the problem of carbon pollution.” The President made these comments despite his State Department’s conclusion that the pipeline would have a minimum impact on GHG emissions. The President appears to be looking for a reason to say no, while the majority of Americans desperately want him to say yes!
The NAM continues to be a strong supporter of the Keystone XL project. We encourage the President to look at the facts and to make his decision based on what is in the best interest of the country knowing that this project will not substantially increase GHG emissions.