Billionaire investor to join Keystone XL pipeline foes in Nebraska

[Omaha Steve]

Source: Omaha World Herald-AP

LINCOLN (AP) — A billionaire investor who has spent more than $2 million fighting the Keystone XL pipeline is traveling to Nebraska to meet with local opponents of the project.

Asset manager and philanthropist Tom Steyer will help dedicate a barn that opponents are building in the project's expected path.

Opponents are continuing to urge President Barack Obama to deny a federal permit for the pipeline, saying the project doesn't serve U.S. energy interests and would contribute to global warming. Supporters say the pipeline is by far the safest way to transport the oil.

Steyer is scheduled to speak at the dedication Sept. 22 at 3 p.m. The solar- and wind-powered barn will be located about 15 miles northwest of York.



Read more: http://www.omaha.com/article/20130912/NEWS/130919541/1694#billionaire-investor-to-join-keystone-xl-pipeline-foes-in-nebraska

[florida08]

1. somebody pinch me

Am I reading that right? I want to know before I tweet it

[KamaAina]

2. This is the guy behind California's Prop 39

which closed a corporate tax loophole.

The catch is that half the savings go not to our depleted budget but to clean tech companies. Guess whose hedge funds are heavily invested in clean tech?

I held my nose and voted for it anyway. It passed.

Supporters say the pipeline is by far the safest way to transport the oil.

Sure -- if you're assuming that it has to be shipped all the way to the coasts. Why not just enlarge refineries in the interior, for instance in Billings, to handle the Bakken oil?

[greymattermom]

3. that's what I've been wondering too

If there's that much oil, why can't they enlarge and existing or build a new refinery?

[snooper2]

4. Why is this one pipeline so famous and so hated again?

I don't remember seeing any outrage when these were put in-

[wordpix]

6. i think we're trying to say "Stop the madness" this time

It's the Red Line to say enough's enough with big oil fossil fuels tar sands wrecking the environment when there are better alternatives.

[2banon]

5. I'll take the good news..

with the billionaire cherry on top.. thanks!

[Left Coast2020]

7. Sounds fairly good to me too.

But do you suppose he could help us fund some state elections? Starting with Mich, then Wisconsin, then NC........