Investor Briefing: The many obstacles facing Keystone XL

Investor Briefing: The many obstacles facing Keystone XL

This briefing outlines compelling reasons for investors to question whether TransCanada should proceed with Keystone XL given various obstacles facing its construction and commercially viable operation, and suggests questions institutional financiers may wish to ask TransCanada.

Alberta’s XL bailout a desperate attempt to save TransCanada’s doomed Keystone XL

Alberta’s XL bailout a desperate attempt to save TransCanada’s doomed Keystone XL

“When even Enbridge is calling this a subsidy, you know Alberta’s XL bailout is another desperate attempt at a lifeline for a pipeline that will never be built. Keystone XL would be a disaster for the climate, and watching governments bend over backwards to be a part of that is heartbreaking in a year where you could barely catch your breath between climate disasters.”

Nebraska Approves Keystone XL alternative route, Oil Change International response

Nebraska Approves Keystone XL alternative route, Oil Change International response

Today the Nebraska PSC chose to stand with Trump, climate denial, and Big Oil. Good luck with that. Whatever happens now there is precisely zero chance that the global citizen, investor, and government momentum behind the Paris goals and against the fossil fuel industry will be stopped. Even if Trump and the PSC are out, the rest of the world is #stillin.

Expert Keystone XL Testimony Denied in Last-Minute Decision

Expert Keystone XL Testimony Denied in Last-Minute Decision

Stockman’s planned testimony outlines that changing market conditions and realities in the tar sands industry show that there is no market need for Keystone XL pipeline. This testimony has been essentially confirmed by recent statements by TransCanada representatives themselves, who have expressed doubt in finding sufficient shippers to fill the pipeline.