Monday, October 31, 2011

The Keystone XL Pipeline - A Defining Issue

The goals of growing the U.S economy and protecting the environment are in direct conflict. Achieving a balance between the two is probably an unrealistic goal. At Doom or Boom, our primary filter is "how likely is it to contribute to global weather weirdness". If the answer is we don't think there will be a significant impact, we tend to focus on an economic growth agenda.

The Keystone XL pipeline is a defining issue. While we are sympathetic to the concerns of opponents of the pipeline, stalling this initiative would be a terrible missed opportunity to develop a project that can be an engine of U.S. economic growth. It will provide jobs and reduce U.S. dependence on oil from sources that are easily cut off.

Given the paucity of big ideas on how to jump start hiring, taking a pass on this project leaves open the question of whether there is any substance or conviction behind the Obama jobs plan, or is it just posturing for voters.

Grist has published a couple of articles that offer a good balance in evaluating the pro and con regarding this issue.

Is the Keystone XL pipeline actually worse than the alternatives?

Keystone XL tar sands pipeline would screw over farmers, threaten aquifer

No comments:

Post a Comment