Obama vetoes Keystone XL
Posted February 24, 2015 12:50 pm.
This article is more than 5 years old.
WASHINGTON (NEWS1130) – President Barack Obama has vetoed a bill that would have approved construction of the privately funded Canadian Keystone XL oil pipeline.
The White House sent notice of the veto to the Senate today, shortly after the bill was received at the White House.
It was approved by the Republican-dominated congress, but Obama promised all along to nix the plan.
First proposed in 2008, the pipeline, if approved, would have brought Alberta oilsands crude to the Texas gulf coast.
Calgary-based TransCanada Corp. is the pipeline project’s developer.
Republicans in the United States and the energy industry say the $8 billion project would create jobs, spur growth and increase America’s independence from Mideast energy sources.
Democrats in the United States and environmental groups have sought to make the pipeline a poster child for the type of dirty energy sources they say is exacerbating global warming.
The pipeline has been strongly pushed for by industry, but opposed by environmental groups.
