Billionaire investor to join Keystone XL pipeline foes in Nebraska
Source: Omaha World Herald-AP
LINCOLN (AP) A billionaire investor who has spent more than $2 million fighting the Keystone XL pipeline is traveling to Nebraska to meet with local opponents of the project.
Asset manager and philanthropist Tom Steyer will help dedicate a barn that opponents are building in the project's expected path.
Opponents are continuing to urge President Barack Obama to deny a federal permit for the pipeline, saying the project doesn't serve U.S. energy interests and would contribute to global warming. Supporters say the pipeline is by far the safest way to transport the oil.
Steyer is scheduled to speak at the dedication Sept. 22 at 3 p.m. The solar- and wind-powered barn will be located about 15 miles northwest of York.
Read more: http://www.omaha.com/article/20130912/NEWS/130919541/1694#billionaire-investor-to-join-keystone-xl-pipeline-foes-in-nebraska
florida08
(4,106 posts)Am I reading that right? I want to know before I tweet it
KamaAina
(78,249 posts)which closed a corporate tax loophole.
The catch is that half the savings go not to our depleted budget but to clean tech companies. Guess whose hedge funds are heavily invested in clean tech?
I held my nose and voted for it anyway. It passed.
Supporters say the pipeline is by far the safest way to transport the oil.
Sure -- if you're assuming that it has to be shipped all the way to the coasts. Why not just enlarge refineries in the interior, for instance in Billings, to handle the Bakken oil?
greymattermom
(5,751 posts)If there's that much oil, why can't they enlarge and existing or build a new refinery?
snooper2
(30,151 posts)I don't remember seeing any outrage when these were put in-
wordpix
(18,652 posts)It's the Red Line to say enough's enough with big oil fossil fuels tar sands wrecking the environment when there are better alternatives.
2banon
(7,321 posts)with the billionaire cherry on top.. thanks!
Left Coast2020
(2,397 posts)But do you suppose he could help us fund some state elections? Starting with Mich, then Wisconsin, then NC........