Obama’s Keystone Options Shrink as State Downplays Impact

Bloomberg: President Barack Obama is in no hurry to decide whether construction of TransCanada Corp.’s $5.4 billion Keystone XL pipeline serves U.S. national interests, the next step in the process of measuring its worthiness. Even so, an environmental report released today by the U.S. State Department noting only limited impact on carbon emissions from the project is diminishing the rationale Obama could use to reject it. “I can’t imagine the president standing up and saying, ‘I don’t see a problem on......

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