President Obama Vetoes Keystone Pipeline

Posted: Nov 6 2015, 10:44am CST | by , Updated: Nov 6 2015, 10:46am CST, in News | Latest Political News

 
President Obama Vetoes
Photo Credit: Getty Images

Don't Miss: This How to find Fingerlings in Stock

President Obama is going to announce any minute that his administration is formally opposed to the creation of the Keystone XL pipeline. The White House didn't reveal anything about the pipeline, but The New York Times says that the time is coming for the president to take a stand.

"Obama is expected to cite the urgency of climate change as a key reason behind his decision," Amy Harder from The Wall Street Journal wrote, citing people familiar with the decision.

The rejection of the Keystone Pipline shouldn't come as a surprise to anyone who knows what Obama has stood for in the past - add to his desire to stop climate change and the fact that it is a Republican bill, and this announcement probably isn't necessary. In fact, Obama vetoed a bill in February on the same thing.

The company behind the pipeline, TransCanada, asked that the State Department suspend the permit application for the process in a move that many people saw as the ultimate nail in the coffin for the project.

Supporters of the Keystone Pipeline argues that it would create jobs and lower energy costs. However, the Democrats are afraid that it will do irreparable damage to the earth via climate change.

“This is a big win," May Boeve, executive director of the environmentalist group 350.org said in a statement. "President Obama’s decision to reject Keystone XL because of its impact on the climate is nothing short of historic — and sets an important precedent that should send shockwaves through the fossil fuel industry."

The State Department, who for years has been reviewing this project and commenting on different ways to make it work, didn't comment either way. The White House has also declined to comment.

More will be added as the announcement happens.

Holiday Gift Guides and Deals

Get your Holiday gifting inspired by Best Toy Gifts with High STEM Value and the Top 10 toy gifts under $10 if you are on budget. The most popular Holiday 2017 toy list include Fingerlings, Crate Creatures and more. Don't miss the new Holiday deals on Amazon Devices, including $29.99 Fire tablet.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem


Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/46" rel="author">Noel Diem</a>
Noel passion is to write about geek culture.

 

 

Advertisement

comments powered by Disqus