TransCanada Corp said on Tuesday that tightening climate-change rules from the governments of Canada and the province of Alberta help justify the construction of the controversial Keystone XL pipeline project.
The company, Canada’s No.2 pipeline operator, released a letter sent to U.S. Secretary of State John Kerry and other department officials saying that increased carbon levies for Alberta oil sands producers and new Canadian targets for greenhouse-gas emission cuts should serve to help assuage U.S. concerns that approving the C$8 billion ($6.41 billion) project would increase climate change. Continue reading “New CO2 rules should aid Keystone XL approval, TransCanada says”




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