"For years, the Keystone pipeline has occupied what I frankly consider an overinflated role in our political discourse. It became a symbol too often used as a campaign cudgel by both parties, rather than a serious policy matter," Obama said.
"All of this obscured the fact that this pipeline would neither be a silver bullet for the economy, as was promised by some, nor the express lane to climate disaster proclaimed by others."Still, the president said the pipeline would not do enough to create jobs, and argued it would damage American energy security and “undercut” the country’s leadership on climate change.“The pipeline would not make a meaningful, longterm contribution to our economy,” he said.
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