The bottom line: denying the Keystone permit application and over-regulating hydraulic fracturing drilling techniques in the U.S. would make our nation more reliant on imports of oil from sources less reliable than Canada. In the process, there would be no discernable benefit to the environment.
Alberta Premier Jim Prentice struck the right tone and added credibility to the debate about the Keystone XL pipeline during his trip to Washington, D.C., according to some who heard him speak Wednesday at the U.S. Chamber of Commerce.
Here at the Global Energy Institute, we have always advocated for a diverse, reliable mix of energy resources that contribute toward keeping America secure, prosperous, and clean. A key cornerstone of that energy mix is our fleet of 99 commercial nuclear reactors that provide approximately twenty percent of the electricity that we reply upon every day to power our lives and run our economy.
The U.S. Chamber's Global Energy Institute has joined a broad coalition to send a letter to Senate and House leaders urging them to preserve the Department of Energy's loan guarantee program for nuclear energy. The program is currently supporting construction of new nuclear units that add emissions free electricity capacit to our grid, and help strengthen our diversity.