08.08.13

Hoeven Statement on IHS CERA Keystone XL Pipeline Study

Study Confirms Keystone XL Pipeline Would Have “No Material Impact” On GHG Emissions

WASHINGTON – Senator John Hoeven today issued the following statement in response to a new study from IHS CERA, Inc. that found the Keystone XL pipeline would have “no material impact” on U.S. greenhouse gas emissions. IHS is an international information, research and consulting firm based out of Colorado.

“Now we have yet another study confirming what expert, including the administration’s own State Department, have been saying for years: the Keystone XL pipeline project will have no significant impact on the environment. Specifically, an IHS-CERA report released today confirms that the Keystone XL pipeline project will have ‘no material impact’ on carbon emissions, and therefore meets President Obama’s own standard for approving the project.

“The IHS study also reported another finding of great concern. If the Keystone XL pipeline is not built, it said, “the number one beneficiary of a negative decision” would be Venezuela, a nation hostile to our country and our way of life. Ironically, Venezuela produces and ships 800,000 barrels a day of crude oil to the United States. Keystone could replace that fuel and more.

“After five years and numerous studies, all pointing to the same conclusion, the White House and opponents of the Keystone XL pipeline project have exhausted all arguments. It’s time to stop delaying this critical infrastructure project, which will create jobs, help to grow our economy and help us achieve true North American energy independence.”