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As pro-oil groups and environmentalists draw battle lines over the Keystone XL Pipeline, President Barack Obama must weigh the consequences of an approval.
China’s totalitarian regime will be able to sue Canada over lost profits resulting from stricter environmental controls or other regulatory changes under a foreign investor protection agreement Stephen Harper announced during his current trip to China.
The Obama administration is expected to announce the rejection of the Keystone XL Pipeline at 3 p.m. Wednesday.
Oil sands, the source of oil for the controversial Keystone XL pipeline, took another hit to its image this week when the European Commission proposed that oil derived from the sands should be declared a quarter more carbon dioxide-polluting than crude oil.
