Oliver Says Keystone XL Won’t Raise Net Greenhouse Gas
The construction of TransCanada Corp. (TRP)’s Keystone XL pipeline won’t lead to a net increase of greenhouse gas emissions, Canadian Natural Resources Minister Joe Oliver said.
Speaking to reporters from Yellowknife, Northwest Territories, Oliver said oil carried by the pipeline would replace crude from Venezuela, which is similar in emissions to output from the Canadian oilsands.
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