Keystone XL

IEEFA Research

Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Material Risks: How public accountability is slowing tar sands development (pdf) By: Tom Sanzillo (IEEFA), Lorne Stockman (Oil Change International), Deborah Rogers (Energy Policy Forum), Hannah McKinnon (Oil Change International), Elizabeth Bast (Oil Change International), and Steve Kretzmann (Oil Change International)

October 29, 2014 Read More →

More News and Commentary

Pipelines Say They See Benefits in Expanding Existing Assets

Some of North America’s biggest new pipeline projects are already in the ground. As environmentalists and local activists make it extraordinarily difficult to build new oil and gas lines, energy companies are working around the opposition by supersizing old pipes that already crisscross parts of the continent. Executives at some of the biggest pipeline operators […]

January 18, 2018 Read More →

World Bank to Discontinue Support for Oil and Gas Projects

National Observer (Canada): The World Bank has confirmed that it will stop financing upstream oil and gas projects after 2019 except under exceptional circumstances in the world’s poorest countries. The global financial institution made the announcement at climate summit in Paris on Tuesday, which took place roughly two years after the historic COP21 climate conference […]

December 13, 2017 Read More →

Economics May Yet Kill the Keystone XL

The Economist: In the nine years since Keystone XL was first proposed it has become the most political of pipelines, pitting environmentalists, ranchers and Native Americans against oil companies, state officials and unionists. Barack Obama’s administration delayed its construction in 2011, then rejected it in November 2015. Shipping oil from Canada’s tar sands, which is […]

November 28, 2017 Read More →

IEEFA Op-Ed: Keystone XL Is Still a Stinker

Better Investments Are What Americans Want: Healthcare, Roads, Education

Despite project approval this week by a Nebraska commission, TransCanada faces steep market hurdles in its proposed buildout of the Keystone XL Pipeline. Keystone is the final phase of an oil transport system that would link producers in Canada and North Dakota with refiners and export terminals on the Gulf Coast. President Obama, citing environmental […]

November 22, 2017 Read More →

Hurdles Remain for Keystone XL

SNL: TransCanada Corp. finally secured the last major permit for its Keystone XL pipeline after a battle that lasted most of a decade, but it is an open question whether the company will build it after weighing legal, commercial and even new regulatory risks. While the C$8 billion Keystone XL project could yield at least […]

November 22, 2017 Read More →

‘No Economic Rationale’ in Keystone Go-Ahead

Los Angeles Times: Following years of political controversy that demanded the attention of two presidents, the Nebraska Public Service Commission on Monday declared that the proposed Keystone XL pipeline was in the public interest but the 275-mile route it approved through the state was not the one preferred by TransCanada, the pipeline developer. By a […]

November 21, 2017 Read More →

Keystone XL Completion Still 3 Years Out, if Completion Is in the Cards

InsideClimate News: It will be close to three years, at least, before oil could possibly be moving through the controversial Keystone XL pipeline—if the pipeline is completed at all. Company officials now concede that after battling protests and regulatory hurdles for nearly a decade, market forces could scuttle the project. Canadian pipeline giant TransCanada first […]

August 10, 2017 Read More →

IEEFA Update: Something in the Wind

U.S. Nuclear Industry Reconsiders Expansion; Utility Exec Sees Less Risk in Turbine Farm Than Coal; Keystone XL Doesn’t Pencil Out Anymore

It’s de rigueur anymore for energy companies across the board to play up their clean-energy commitments—actual or just advertised—but executives at American Electric Power put some of their money where their mouths were in announcing intentions last week to invest $4.5 billion in the new Wind Catcher farm in Oklahoma. AEP’s logic is rooted in […]

August 4, 2017 Read More →

Economics May Kill Long-Delayed Keystone XL Pipeline

Associated Press: The proposed Keystone XL pipeline survived nine years of protests, lawsuits and political wrangling that saw the Obama administration reject it and President Donald Trump revive it, but now the project faces the possibility of death by economics. Low oil prices and the high cost of extracting Canadian crude from oil sands are […]

August 4, 2017 Read More →

Editorial: ‘Keystone XL Pipeline Runs Afoul of the Law of Supply and Demand’

Editorial Board of the St. Louis Post-Dispatch: The company that is building the controversial Keystone XL pipeline no doubt wishes Energy Secretary Rick Perry had been right last week when he explained the law of supply and demand. At a coal-fired power plant in West Virginia on Thursday, Perry dismissed worries about the future of […]

July 13, 2017 Read More →