Obama rejects fast track for Keystone pipeline

This pipeline has become a political football.

President Obama has rejected fast-tracking approval of the TransCanada Keystone XL pipeline, turning aside Republican demands that he sign off on the deal they claim will create 20,000 new jobs and strengthen American energy security.

In a statement Wednesday afternoon, Obama said that he received a recommendation from Secretary of State Hillary Rodham Clinton earlier today recommending that the application be denied.

“This announcement is not a judgment on the merits of the pipeline, but the arbitrary nature of a deadline that prevented the State Department from gathering the information necessary to approve the project and protect the American people,” Obama said. “I’m disappointed that Republicans in Congress forced this decision, but it does not change my administration’s commitment to American-made energy that creates jobs and reduces our dependence on oil.”

The Canadian tar sands are very controversial in the environmental community, so it will fascinating to see how all this plays out.

  

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