EBOOK
About
An investigation of the history and demise of the most controversial North American energy infrastructure project. In 2015, President Barack Obama denied approval for TransCanada's Keystone XL pipeline, which would have carried crude oil from the Canadian oil sands to the U.S. Gulf Coast, providing great economic benefit to Canada. Over seven years of regulatory process, environmental activism, and media attention, the project had become infamous, a cause célèbre for North America's ENGO movement and a test of Obama's bona fides in the face of global climate change risk. As one of TransCanada's senior executive group, Dennis McConaghy provides an insider's perspective of Keystone XL's history and demise. How did this routine infrastructure acquire iconic status? Why couldn't government and industry find some accommodation to salvage the project? And most importantly, what must Canada learn from Keystone XL's demise? Can the country find common ground between economic value and credible carbon policy?
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Reviews
"While many will find the policy prescriptions offered by McConaghy contentious and difficult, his book presents an unparalleled opportunity to view the denouement of the Keystone XL pipeline from inside the executive suite of TransCanada."
Andrew Leach, Professor, University of Alberta, and Chair, Alberta's Climate Review Panel
"Dennis McConaghy writes compellingly about the series of errors by corporate executives and politicians alike that led to the eventual rejection of the Keystone XL pipeline. Ultimately, Canada failed to achieve its economic interests because it failed to account for environmental interests. McConaghy suggests a better approach would be to implement an effective climate policy, based on a carbon t
Mark Cameron, Executive Director, Canadians for Clean Prosperity
"Dysfunction offers a courageous, insider perspective on the political theatre in the United States that led to the rejection of Keystone XL and a path forward for Canada's similarly challenged, yet vital, proposed bitumen pipelines. It's a must read for those wishing to understand the complexities of Canada's oil sands industry, why it needs pipelines, and why the dysfunction that has prevailed n
Claudia Cattaneo, National Post