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Business organization argues against Keystone and Dakota Access pipelines

 

Some businesses are speaking out against President Donald Trump’s actions allowing the controversial Keystone X-L and Dakota Access pipelines to go forward. The American Sustainable Business Council, which claims to represent more than 250-thousand business owners, executives and investors, says the move will harm businesses by accelerating carbon pollution and climate change.

 

Polling that we’ve done of businesses across political alignment has shown us that they’ve already been impacted by climate change, therefore it’s having a tremendous business and economic impact,” claims CEO David Levine.

 

Trump says the Keystone X-L pipeline would create 28-thousand jobs but Levine argues those jobs will do little to help local economies over the long term.

 

Levine maintains that the pipelines will primarily benefit the bottom line of the fossil fuel industry and that investments in energy-efficiency and renewable-energy technologies now are creating three to four times more jobs than oil and gas.

 

And these jobs are sustained over the longer term, not in this boom and bust economy that moving forward with the Keystone pipeline or other fossil-fuel pipeline projects will get us,” he says.

 

In December, the World Economic Forum announced that renewable energy is now as affordable or even cheaper than fossil fuels in more than 30 countries.

 

The more than 800,000 bpd Keystone XL pipeline would bring heavy crude from Canada to the U.S. Gulf Coast. The project was conceived nearly a decade ago, but since then the U.S. shale revolution has redefined oil flows, with domestic refiners finding themselves awash with supply and needing fewer imports.

 

 

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