Study Finds Keystone XL Would Have Much Larger Impact Than State Department Suggests

The State Department's final environmental impact analysis for the proposed Keystone XL pipeline downplays the significance the pipeline would have for development of the Canadian tar sands, according to a new analysis from a United Kingdom-based group.  The analysis also argues that the State Department underestimated the amount of greenhouse gas emissions that would come with that development.

The Carbon Tracker Initiative, a nonprofit that focuses on how carbon budgets interact with financial markets, released the new report(pdf) on Monday, making its case for why Keystone XL is more important in the context of global emissions than the State Department's study indicates.

Study Finds Keystone XL Would Have Much Larger Impact Than State Department Suggests