Democratic presidential candidate Hillary Clinton has come out against the controversial Keystone XL oil pipeline. ...
"I think it is imperative that we look at the Keystone XL pipeline as what I believe it is: a distraction from the important work we have to do to combat climate change, and, unfortunately from my perspective, one that interferes with our ability to move forward and deal with other issues," Clinton said at a campaign event in Iowa. "Therefore, I oppose it. I oppose it because I don't think it's in the best interest of what we need to do to combat climate change."
More from the Washington Post:
In an interview with the Des Moines Register later Tuesday, Clinton expanded on her position.
"I don’t think we need to have a pipeline bringing very dirty oil," over the border, Clinton said.
I'm not sure what would happen if President Obama approved Keystone, and then Clinton got elected. Would she withdraw the approval? But anyway, I'm not expecting an Obama approval (and actually have a bet with a friend that he won't approve!). So, unless the Republicans win the Presidency (and at this point in the crazy race going on right now, I have no idea what's going to happen), there will be no Keystone. And if there's no Keystone, I'm not sure what options TransCanada has except to try a NAFTA Chapter 11 lawsuit to get back some of the money it has spent. Then we could get into some interesting questions, such as: In terms of climate change and the environment, why is it OK to transport this oil through the U.S. by rail but not by pipeline?
