Posted in

Terence Corcoran: Keystone XL shutdown signals the real climate risk facing Canada and the world

The Keystone XL expansion is dead. The new pipeline would have shipped 800,000 barrels of oil a day from Alberta to the United States, which at $70 a barrel would have generated more than $400-billion in growth-creating revenues over 20 years. Ten years ago, when TC Energy announced the expansion, few would have believed the great project would be killed off, a victim of the war on fossil fuels.

Share