Climate Recognition for TransCanada Earns Jeers from Anti-Pipeline Forces
TransCanada, the company behind the Keystone XL pipeline and the even larger Energy East pipeline, has been declared a “global climate performance leader” in the first-ever Climate Performance Leadership Index published by the London-based Carbon Disclosure Project.
“In a press release that reads like satire, TransCanada announced yesterday that they’ve been ‘recognized as world leader for corporate action on climate change,’ apparently as a reward for fighting tooth and nail to build the Keystone XL tar sands pipeline and recklessly expand development of the dirtiest, most carbon-heavy fuel source on the planet,” wrote Bold Nebraska, one of the pipeline’s most fierce and effective opponents.
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“The only thing TransCanada is a leader in is exploiting the world’s dirtiest oil,” said Luísa Abbott Galvão of Friends of the Earth.
CDP wrote that “TransCanada is building a competitive advantage over competitors by focusing on investing in low-carbon infrastructure that has and may continue to be a core element of our continued capital program.”