PIPELINE BUILDER REJECTS KEYSTONE DEAL ON COST
TransCanada Rebuffs EPA’s Call for Keystone Clean Energy
Jim Snyder & Jim Efstathiou Jr., July 18, 2013 (Bloomberg News)
“The U.S. Environmental Protection Agency says TransCanada Corp. (TRP) should be required to buy renewable power to run pumps along the route of its proposed Keystone XL pipeline, a measure the company said is unworkable and unnecessary…The EPA, in an April filing with the State Department, also said the U.S. should work with Canada to promote technology to capture and store underground the carbon-dioxide emissions generated in the production of Canadian oil….The State Department is reviewing the $5.3 billion project because it crosses an international border. TransCanada first applied for a permit for the project in 2008…” click here for more
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