The Canadian company Trans Canada hopes to begin building the northern section of an oil pipeline that would trek close to 2000 miles from Alberta, Canada to the Gulf Coast of Texas. If constructed the pipeline known as Keystone XL will carry one of the dirtiest fuels tar sands oil. Along its route from Alberta to Texas this pipeline could devastate ecosystem, pollute waste resources and jeopardize public health.
Giant oil corporations invested in Canadas tar sands are counting on the Keystone XL pipeline t make the expansion of oil extraction operations there profitable. The pipeline would double the imports of tar sands oil into the United States and transport it to the refineries on the …show more content…
Construction of keystone xl project is anticipated to generate 20 billion in economic impact in the U.S including 99 million in local government revenues and 486 million in state government revenues during construction. The pipeline will also generate an estimated 5 billion in additional property taxes during their operational life. The Canadian Energy Institute predicts that Keystone XL will add $172 billion to America’s gross domestic product by 2035 and will create an additional 1.8 million person years of employment in the U.S over the years.
Looking at the other side of the pipeline project there’s a different side to it. Pollution from tar sands oil greatly eclipses that of conventional oil. During tar sand oil production alone levels of carbon dioxide emission are three to four times higher than those of conventional oil. Due to more energy intensive extraction and refining processes. The pipeline would carry 83000 barrels of tar sands oil in the U.S daily and result in climatic damaging emissions equal to adding more than 5.6 million new cars to U.S …show more content…
If the economy is not brought to a stable position there is no point in keeping the environment safe. The environment will be harmed either way. Instead making the economy better steps can be taken to minimize or avoid harm to the environment. When the project will generate revenues a chunk of money share should be allocated to the environmental sector to act in the interest of the environment. However, if such projects and developments are stopped due to the environment the world will no longer be a place to live. If these developments don’t ruin or harm the environment the crime rate will. It is in best interest of all to go on with developments like the keystone pipeline keeping in mind the harmful effects of the environment. Instead of arguing and putting the developments on stand still environmental precautions and steps should be taken to ensure minimized impact on the