Alas a decision will be made via vote, by 5 members of the Nebraska Public Commission on the Keystone XL pipeline project. They are expected to make the announcement next week, on November 20.
President Trump granted a presidential permit for the controversial $8 billion pipeline in March. But state regulators still need to approve it, and green groups have sued over Trump’s decision, raising a legal barrier against the pipeline as well.
Keystone’s developers also have to decide if the pipeline is economically viable: TransCanada officials told investors this summer that it might not build the project, though the company said earlier this month that it likely has enough demand from potential customers to make the project worthwhile.
Earlier this year President Trump approved the pipeline. He said,“TransCanada will finally be allowed to complete this long-overdue project with efficiency and with speed,” Trump added, “It’s going to be an incredible pipeline, the greatest technology known to man or woman. And frankly, we’re very proud of it.”
Of course there was an immediate outfall as soon as the left heard.
Climate-activism group 350.org co-founder Bill McKibben said, “This project is going to be fought at every turn,” he continued, “There’s nothing static about this project. In the six or seven years since we started fighting it, the price of a solar panel has fallen 75 percent.”
So basically, they want to keep all the oil in the ground, forever.
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