Keystone won’t hurt environment as much as feared, MIT prof says at hearing

MarketWatch: The controversial Keystone XL pipeline, whose approval has been delayed by the Obama administration, would not create the extensive environmental damage that some fear, a Massachusetts Institute of Technology energy economics professor told a House small business subcommittee Thursday. The pipeline, proposed by Canadian company TransCanada /quotes/zigman/27155 /quotes/nls/trp TRP , would transport crude oil from the oil sands in Alberta, Canada, to the Gulf of Mexico. The State Department needs......

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