Final EIS For Keystone XL Pipeline

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The U.S. Department of State has released the final Environmental Impact Statement (EIS) for TransCanada’s proposed Keystone XL oil pipeline project. However, the final EIS does not provide TransCanada with a permit to build the 1,700-mile oil pipeline from Alberta, Canada to the U.S. Gulf Coast.
  This is the third EIS that the U.S. Department of State has issued on Keystone XL since the review process began in 2008. “The Final Environmental Impact Statement reaffirms the findings of the two previous environmental impact statements that the Keystone XL pipeline will have no significant impact on the environment,” said Russ Girling, TransCanada’s president and chief executive officer.
  The environmental review process for Keystone XL (culminating in the FEIS) has been the most exhaustive and detailed review for a cross-border pipeline that has ever been undertaken by of the Department of State. 
  Now that the final EIS has been issued, a 90-day comment period begins to determine if Keystone XL is in the national interest of the United States. Girling believes it is.
  Within days of receiving regulatory approval for Keystone XL, TransCanada plans to begin to put 20,000 Americans to work to construct the project. In addition to these direct jobs, independent studies calculate that the construction of Keystone XL will create an additional 118,000 indirect and spin-off jobs for local businesses. 
  If construction of the pipeline begins early in 2012, Keystone XL is expected be operational in 2013.