US report on environment impact of Keystone XL pipeline expected today: Report
WASHINGTON - A U.S. report says an environmental impact study into the Keystone XL pipeline project is likely to be announced on Friday afternoon.
CNN cites two senior administration officials and another unidentified source familiar with the timing.
Once the results are out, eight U.S. agencies will examine them, then send their observations to Secretary of State John Kerry. President Barack Obama would then decide whether or not to approve the pipeline.
A final decision may not come for several months, but this study is seen as a critical step in determining whether the project will go ahead.
If ultimately approved, the TransCanada Corp. (TSX:TRP) pipeline would ship bitumen from Alberta's oilsands to refineries on the U.S. Gulf Coast.
Supporters say the pipeline would reduce imports from overseas and create jobs while opponents warn against potential environmental damage.
One diplomat in Washington told The Canadian Press this week that the results are â€˜â€˜going to be positive for the project.â€˜â€˜
Earlier this month, Foreign Affairs Minister John Baird was in Washington pleading for a quick decision. He said enough time had been lost on the project and didn't want to see another construction season wasted.
Kerry responded that there would be no fast-tracking the process.
Read more Business News
- Mystery deepens over missing planeWorld - 7:15 am
- 2 killed in avalancheCanada
- Rescued snowmobiler dies in hospitalVernon / N. Okanagan
- Koe dominates Brier finalKamloops
|QHR Technologies Inc||1.16||-0.02|
|Anavex Life Sciences||0.47||+0.05|
|Copper Mountain Mining||2.12||-0.08|
|Sunrise Resources Ltd||0.035||+0.005|
|Mission Ready Services||0.295||0.00|
How will you pay for this today? Maybe it’s time to change the way you answer this common checkout question.With more payment options than ever, consumers can find easy ways to save money, simpl...
In the razzle dazzle of Hollywood it is hard to find anyone who stands out from the crowd. The fraternity of Actors, Producers, Directors and various other technical guru’s seem to live in a wo...
This past Sunday I drove from Kelowna to Powell River. For those of you who’ve never had to, particularly in winter, it means rising in the wee hours; managing a treacherous journey on the Coqui...