"Pipeline Foes Say Obama's Climate Plan No Tradeoff for Keystone"

"Foes of the proposed Keystone XL pipeline, which would carry oil from Canada to Texas, said on Thursday that an expected White House package of proposals to combat climate change was not an adequate trade-off for approval of the controversial project."

"Tom Steyer, a billionaire former hedge fund investor and environmental activist, said news that President Barack Obama would unveil a climate change strategy in the coming weeks, including curbs on power plant emissions, would be meaningless if the pipeline goes ahead.

"The idea of a trade here is very confusing and not logical," Steyer told reporters at the roll-out of a new social media campaign to engage Obama's grassroots supporters to ratchet up pressure to reject the pipeline."

Valerie Volcovici reports for Reuters June 21, 2013.

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"New Obama Climate Plan May Draw From Panel's Recommendations" (Reuters)

Source: Reuters, 06/21/2013