Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Toronto Stock Exchange  >  TransCanada Corporation    TRP   CA89353D1078

News SummaryMost relevantAll newsSector news 

TransCanada Corporation : Canada says sees no net increase in emissions from Keystone

06/25/2013 | 04:45pm US/Eastern

Canada does not think there would be a net increase in carbon emissions if TransCanada Corp builds its proposed Keystone XL pipeline from Alberta's oil sands to Texas, Natural Resources Minister Joe Oliver said on Tuesday.

Earlier in the day, U.S. President Barack Obama had indicated he would block the pipeline if it significantly increased the problem of carbon pollution and said the net effects of its impact on the climate would be a critical factor.

"On a net basis, we don't see any increase in emissions as a result of the construction of the pipeline," Oliver told reporters in Toronto. He said at least 20 percent of the oil transported by Keystone would be lighter grades of crude that would not come from the tar sands and would therefore not be carbon intensive to produce.

(Reporting by Cameron French, writing by David Ljunggren; Editing by Gary Hill)

React to this article
09/30 TRANSCANADA : Will Apply to Nebraska Public Service Commission to Approve Keysto..
09/30 TRANSCANADA : Keystone XL pipeline developer shifts course in Nebraska, drops em..
09/30 TRANSCANADA : Will Apply To Nebraska Public Service Commission To Approve Keysto..
09/29 TRANSCANADA : Keystone XL developer drops landowner lawsuits in Nebraska
09/29DJCompany Behind Keystone XL Pipeline Aims to Delay Review Process--Update
09/29DJCompany Behind Keystone XL Pipeline to Revamp Strategy in Nebraska
09/29DJCompany Behind Keystone XL Pipeline Aims to Delay Review Process
09/29 TRANSCANADA : Prince Rupert Gas Transmission Signs Project Agreement With Metlak..
09/28 TSX slumps as resources weigh, Valeant tumbles
09/28 TRANSCANADA CORPORATION : ex-dividend day
Duration : Period :
TransCanada Corporation Technical Analysis Chart | TRP | CA89353D1078 | 4-Traders
Income Statement Evolution
More Financials