6/12/2023 0 Comments Biden day one orders![]() The decision is thus mostly symbolic, though the 1,000 or more job losses already announced and the greater demand for Venezuelan heavy crude are very real effects.Īnother order with near-term effect is the decision to rejoin the Paris Agreement, the non-binding international agreement on reducing greenhouse gas emissions. Perhaps ironically, considering the objections to the pipeline were environmental, rail transportation results in greater greenhouse gas emissions and a higher risk of spills or accidents (from crashes and derailments) compared to pipelines. Rather than traveling through the pipeline, Canadian production will have to travel by rail coming into the US. Despite crowing by various environmental pressure groups, the permit revocation also will not have an effect on oil production from Canada. The permit revocation does not affect the parts of the pipeline that are already constructed and operating. Because the permit is purely presidential, rather than any agency action, it is not required to go through any formal process. ![]() The action with the most immediate result is the revocation of the Keystone XL permit to cross the US-Canada border. Most headlines have focused on the Keystone XL pipeline decision and rejoining the Paris agreement, but other actions will over time have a more widespread impact. On January 20th, immediately following being sworn in, the Biden administration announced a slew of executive actions, several involving energy and environmental policy.
0 Comments
Leave a Reply. |