As Keystone ruling nears, Canada short on time for climate plan

WASHINGTON/CALGARY - Canada is running out of time to offer U.S. President Barack Obama a climate change concession that might clinch the controversial Keystone XL oil pipeline, as the country's energy industry continues to resist costly curbs on greenhouse gas emissions. Concessions from Canada would make the pipeline more palatable in Washington, experts say, since Obama has made fighting climate change a second-term priority and has said that Canada could do more to reduce carbon emissions. Increasing oil sands production will put Canada on track to miss its target of curbing greenhouse gas emissions by 17 percent below 2005 levels by 2020, according to a government report. Canada's fast-growing oil sands sector will soon exceed the capacity of existing pipelines, and analysts say producers will be forced to rely on trains, barges and other transportation alternatives if Keystone XL and related projects are rejected.
Source: REUTERS


Swirl >>

Housing starts slow down a touch in Canada - UPI
Frozen Catching Fire fuel US Canada box office - REUTERS
Bid deadline for Canadas Mobilicity delayed by a week - REUTERS
UPDATE 2Bid deadline for Canadas Mobilicity delayed by a week - REUTERS
UPDATE 1Bid deadline for Canadas Mobilicity delayed by a week - REUTERS
Canadian Body Parts Suspect Arrested in Berlin - TIME