Koch Brothers Win Big If Keystone XL Pipeline Is Approved

authordefault
onFeb 10, 2011 @ 10:56 PST

The Keystone XL pipeline, currently awaiting a thumbs up or down on a presidential permit, has been the subject of ferocious debate.ย  While proponents tout the pipeline project as a boon to national security, and a move that would reduce Americaโ€™s dependence on โ€œunethical oilโ€, Its opponents are fearful of the environmental nightmare it would create (to say nothing of the immnent threat of future devastating spills like last yearโ€™s Michigan Kalamazoo spill).ย  The pipeline, if built, would increase siginificantly the import of dirty tar sands bitumen from Canadaโ€™s oil sands to the U.S. by as much as 510,000 barrels a day.

Whatโ€™s been left out of the fierce debate over the pipeline, according to SolveClimate News, is the prospect that if president Obama okayed the Keystone XL pipeline, he would be handing a major victory and great financial opportunity to Charles and David Koch, his staunchest political enemies and the most powerful opponents of his clean economy agenda.

SolveClimateโ€™s analysis shows that Koch Industries is already responsible for close to 25 percent of the tar sands crude that is imported into the United States, and is well-positioned to cash in big from increased Canadian tar sandsย imports.

Proponents argue that Keystone is the โ€œAmericanโ€ thing to do: it puts national security interests at the fore, and moves the United States away from reliance on foreign oil.ย  As it turns out, the project is nothing more than a vote for corporate muscle and power.ย  It hands two of the worst polluters in the country, both hell-bent on derailing a clean energy future, an all-access pass to grow their personal business fortune at the expense of the environment, the country and theย planet.

Head on over to Solve Climate News to read their fullย coverage.

authordefault
Admin's short bio, lorem ipsum dolor sit amet consectetur adipisicing elit. Voluptate maxime officiis sed aliquam! Lorem ipsum dolor sit amet consectetur adipisicing elit.

Related Posts

onDec 16, 2025 @ 22:00 PST

Brunswick Groupโ€™s strategies aimed to neutralise growing calls for theatres, museums, and galleries to distance themselves from climate polluters.

Brunswick Groupโ€™s strategies aimed to neutralise growing calls for theatres, museums, and galleries to distance themselves from climate polluters.
onDec 16, 2025 @ 12:11 PST

New data show American capital now controls most of Canadaโ€™s oil and gas sector while jobs vanish, royalties lag, and billions flow south.

New data show American capital now controls most of Canadaโ€™s oil and gas sector while jobs vanish, royalties lag, and billions flow south.
onDec 16, 2025 @ 03:07 PST

Salmon wagons and boat trips for schoolkids distract from environmental damage, say campaigners.

Salmon wagons and boat trips for schoolkids distract from environmental damage, say campaigners.
onDec 15, 2025 @ 13:16 PST

Emails obtained by DeSmog show county officials continually met privately with Project Sail lobbyists, something denied to local residents opposing the $17 billion data center.

Emails obtained by DeSmog show county officials continually met privately with Project Sail lobbyists, something denied to local residents opposing the $17 billion data center.