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The number has swelled from the $2.6 trillion announced in September and the $50 billion committed just last year.
Obama rejects Keystone XL, saying pipeline wouldn’t create many jobs, lower gas prices or boost U.S. energy security
The move ends — for now — a seven-year saga over the proposed pipeline.
Attorney General Eric T. Schneiderman has subpoenaed documents from Exxon Mobil following reports the oil giant funded — and then suppressed — research exposing the risks of climate change decades ago.
Democratic presidential candidate Bernie Sanders joined prominent environmentalists in urging Obama to reject Keystone XL now — weeks before international climate negotiations.
In his penultimate State of the Union address, Obama chided lawmakers who have been skeptical of climate change or humanity’s role in it and delivered a thinly veiled critique of the GOP-controlled Congress’ focus on the Keystone XL pipeline.
Environmental activists who have persuaded universities and some churches to give up their investments in fossil fuels now are focusing their prayers on the pope.
More than two dozen environmental groups are looking to enlist former Secretary of State Hillary Clinton in their fight against the Keystone XL pipeline, pressuring the potential presidential candidate to come out against the project before she makes any bid for the White House.
Keystone XL is the safest and most environmentally sound way to transport Canadian and North Dakota oil to Gulf Coast refineries, TransCanada Corp., said in its last-ditch appeal for the pipeline’s approval. The Calgary-based company’s assertions joined more than 100,000 comments filed with the State Department, as it weighs whether Keystone XL is in the “national interest.”
Dominion Resources now wants to turn its entire Cove Point operation around, reversing the flow so it can liquefy the natural gas now pouring out of Pennsylvania wells and load it onto tankers bound for India and Japan.
President Barack Obama celebrated “booming” U.S. oil and gas production during his fifth formal State of the Union address Tuesday night, delivering a blow to environmentalists worried the president isn’t doing enough to combat climate change.