Keystone XL won’t boost emissions: IHS

Aug 09, 2013 | 04:27 PM | Thorsten Schier

Tags  IHS Global Insight, Keystone XL pipeline, Alberta oil sands, TransCanada, Thorsten Schier

NEW YORK — IHS Global Insight Inc. has sided with TransCanada Corp. and the U.S. State Department that approval of the Keystone XL pipeline will not significantly increase carbon emissions as it is unlikely to affect heavy crude oil production or use.

"In the absence of the pipeline, alternate transportation routes would result in (Alberta) oil sands production growth being more or less unchanged," the Lexington, Mass.-based research firm said, adding that "any absence of oil sands on the U.S. Gulf Coast would most likely be replaced by imports of....

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