If this seems
strange to you that TransCanada is doing this, it shouldn’t. First of all, the
prices of oil and gas are ridiculously low and not as profitable as previously
so that combined with all the scrutiny and controversy perhaps made it no
longer worth it for the bottom line. Also, it looks like in any event that President
Obama will deny the application before he leaves office. Thus, TransCanada
could also be hoping for a Republican president more amenable to increased
fossil fuel burning.
This is a solid
victory for climate activists and it produces good vibes/karma heading into
Paris, but there is no time to rest on laurels. It reminds us that while
international agreements are paramount to mitigating ACC, a lot of progress can
be flushed down the toilet if – let’s be honest – a Republican in elected to
the White House in 2016. You are not a climate activist if you do not vote. Not
showing up the polls is like ceding a vote to the Republicans. If young people
and ethnic minorities show up to the polls in 2016, there will not be a “climate
skeptic” in the White House.
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