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TransCanada: Alberta’s tougher CO2 rules bolster case for Keystone XL

A yard in Gascoyne, ND., which has hundreds of kilometres of pipes stacked inside it that are supposed to go into the Keystone XL pipeline, should it ever be approved are shown shown on Wednesday April 22, 2015.
A yard in Gascoyne, ND., which has hundreds of kilometres of pipes stacked inside it that are supposed to go into the Keystone XL pipeline, should it ever be approved are shown shown on Wednesday April 22, 2015. Alex Panetta, The Canadian Press

CALGARY – TransCanada says recent Canadian climate change announcements should bolster the case in Washington for building its long-delayed Keystone XL pipeline.

The Calgary-based company makes that argument in a letter to Secretary of State John Kerry and other American officials as the U.S. regulatory process nears its seventh anniversary.

In the missive, executive vice-president and general counsel Kristine Delkus points to recent climate policy announcements by both the federal and Alberta governments.

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READ MORE: Alberta government is increasing CO2 reduction targets

In May, Ottawa announced it aims to cut Canada’s greenhouse gas emissions by 30 per cent below 2005 levels by 2030, though no mention was made of the oilsands crude that Keystone XL would ship.

And last week, Alberta’s new NDP government said it would ratchet up emission reduction targets for large industrial emitters and double its carbon price for those that exceed their allotment.

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U.S. President Barack Obama has said Keystone XL would only be in the U.S. national interest if it didn’t significantly worsen climate change.

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