Thursday, June 27, 2013

Obama Donor Set To Profit From Keystone Demise

A billionaire hedge fund manager and Barack Obama donor is pushing the president to stop the pipeline that would compete with one he's invested in. That pipeline could send Canadian oil to China.
Environmental activist Tom Steyer donated as much as he could to get Massachusetts Rep. Ed Markey elected to the Senate in the recent special election to fill the seat vacated by now-Secretary of State John Kerry. He wanted another senator who's opposed to completing the Keystone XL pipeline that he says would be an environmental plague on the planet.
A few days before President Obama said that Keystone XL would be built only if it could be shown to have no net effect on greenhouse gas emissions, Steyer, a major contributor to Obama's campaigns, urged the president to kill the project.

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