Wave of Fossil Fuel Project Cancellations Follows Keystone XL Rejection | Inside Climate News

A ripple of positive consequences are resulting from (or coinciding with) President Obama’s rejection of the Keystone XL Pipeline.

SOURCE: Inside Climate News

Six months after the Obama administration rejected the Keystone XL pipeline, at least 20 other proposed energy projects—mines, pipelines, plants, related rail projects and export terminals—have been canceled, rejected or delayed, according to research compiled and mapped by InsideClimate News.

Sustained grassroots resistance and public opposition have played a role in at least some of these decisions; other influential factors include unfavorable economic conditions such as low oil prices, as well as governments’ environmental concerns and project siting issues. […]