The latest IHS CERA study from the Canadian Oil Sands Energy Dialogue finds finds that the hotly debated Keystone XL pipeline would have "no material impact" on U.S. greenhouse gas emissions. The proposed pipeline would link Canadian oil sands fields with the U.S. Gulf Coast of Mexico offering alternatives to crude oil from less friendly regions of the world.
President Barack Obama voiced opposition to Keystone XL in June if it would increase greenhouse gas emissions.
IHS CERA claims, "Even if the Keystone XL pipeline does not move forward, we do not expect a material change to oil sands production growth. Therefore, the Keystone decision itself will not have any impact on GHG emissions. Without Keystone, alternatives will be developed, including other pipeline projects and crude delivery by rail.”