Keystone Pipeline First Challenge for Obama on Climate Change

With two new reports describing greenhouse gas emissions from oil sands development as even worse than expected, environmentalists and sustainable investors are likely to scrutinize the State Department’s upcoming decision on the Keystone XL pipeline.

This week, SocialFunds.com reported on two new reports analyzing potential greenhouse gas (GHG) emissions from oil sands extraction in Alberta, Canada, both of which warned that previous estimates, as dire as they have been, failed to capture completely the potential environmental impacts of a practice that has been called “the most destructive project on Earth.”

In one study, Oil Change International assessed the effects on the environment of petroleum coke, a byproduct of the refining processĀ  More →