The intersection of energy and the environment was perhaps one of the most controversial environmental issues of the 2016 election cycle with fiery protests and federal backlash at the Dakota Access Pipeline and the Keystone XL Pipeline. The pipeline protests got so intense that states considered passing laws to penalize the violent protests.
In November of 2015, President Obama rejected the permit to expand the Keystone pipeline citing:
“America is now a global leader when it comes to taking serious action to fight climate change. And frankly, approving this project would have undercut that global leadership.”
Now, however, President Trump has announced that he is giving the final go-ahead to expand the Keystone XL pipeline. On January 24, just after his inauguration, he signed an executive action allowing the construction to move forward with the Keystone XL pipeline along with the four-state Dakota Access oil pipeline.
President Trump announced the final approval on Friday for the TransCanada Corporation to complete construction of the Keystone XL Pipeline — which is set to transport oil from Canada to the US Gulf Coast.
Liberals and environmentalists have criticized the move claiming that President Trump has financial interests in advancing the pipeline, but Trump has responded citing his complete divestment from any direct financial ties to the company.
Although TransCanada has gotten over the obstacle of federal permits, there are many more hoops they must jump through including state permits and Native American territories it is set to pass through. The project is set to cost $8 billion and will generate nearly 13,000 jobs over the next two years.
What do you think about the Keystone XL Pipeline? Let Hypeline know in the comments below!