« NYC Releases Plan to Keep the Lights On In the Face of the Next Climate Disaster | Main | Big Polluter Politics at Their Worst in Virginia »

June 11, 2013

Rejecting Keystone Means Less Tar Sands Extraction, Less Carbon Pollution

No tar sands
The U.S. State Department has stated multiple times that tar sands oil will find a way to reach global markets even without the Keystone XL Pipeline. That argument was based on the State Department's assumption that other options for transporting the heavy tar sands, including rail, will take the place of the pipeline if Keystone were rejected. They assumed that the increased cost of rail transport would not impact the rate of tar sands extraction. This has been the argument that environmentalists have continuously faced throughout the fight against Keystone. But that argument is no longer valid thanks to Goldman Sachs!
 
On June 2nd, Goldman Sachs published a research report, titled "Getting Oil Out of Canada: Heavy Oil Diffs Expected to Stay Wide and Volatile," stating that without Keystone XL, tar sands expansion, and therefore the carbon pollution that comes with it, would be dramatically reduced.

The report goes on to detail why rail is not a feasible alternative to pipelines for transporting tar sands. They define the specific aspects of rail transport that make it significantly more costly than the State Department assumed, including: the high cost of specially-made rail cars, increased time needed to unload heavy crude oil, and a diminished ability to transport the same number of barrels at one time.
 
Without the Keystone XL pipeline, many tar sands developments would be put on hold, along with the significant harm they would cause to our environment and climate.
 
Last week, the new provincial government of British Columbia rejected the Northern Gateway tar sands pipeline proposal, even further limiting Canada's options for tar sands export routes. This further exposes the Canadian tar sands industry's dependence on Keystone XL.
 
So for everyone fighting the Keystone XL pipeline today, know that our case against Keystone is building every day! Goldman Sachs stated that the longer the pipeline is delayed, the less likely it is that oil will be extracted from Canadian tar sands. So let's once more rally around the rejection of Keystone XL, and call upon President Obama and Secretary of State John Kerry to protect our climate and reject the pipeline once and for all!

-- Bo Ra Kim, Sierra Student Coalition ExComm Member

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451b96069e20192ab041529970d

Listed below are links to weblogs that reference Rejecting Keystone Means Less Tar Sands Extraction, Less Carbon Pollution:


User comments or postings reflect the opinions of the responsible contributor only, and do not reflect the viewpoint of the Sierra Club. The Sierra Club does not endorse or guarantee the accuracy of any posting. The Sierra Club accepts no obligation to review every posting, but reserves the right (but not the obligation) to delete postings that may be considered offensive, illegal or inappropriate.

Up to Top

Find us on Facebook Follow us on Twitter Rss Feed



Sierra Club Main | Contact Us | Terms and Conditions of Use | Privacy Policy/Your California Privacy Rights | Website Help

Sierra Club® and "Explore, enjoy and protect the planet"® are registered trademarks of the Sierra Club. © 2013 Sierra Club.
The Sierra Club Seal is a registered copyright, service mark, and trademark of the Sierra Club.