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Environmental stewardship is an integral part of TransCanada’s business. We build and operate energy infrastructure in order to provide oil, natural gas and electricity to millions of homes across North America. We don’t just build oil pipelines; we build wind farms, solar facilities, hydro and nuclear operations as well.
All of these projects have impacts on the communities they operate in. Our job is to ensure our projects respect the land, people and culture in those communities. It’s a job we take very seriously.
TransCanada is actively working towards solutions for a more balanced energy future. Today, approximately 65 per cent of our power generation comes from low and non-emitting sources.
In terms of environmental performance, our accomplishments in 2014 included recognition as an industry leader in corporate action for climate change by the CDP, being named for the 13th consecutive year to the Dow Jones Sustainability (DJSI) World Index and gaining a place on the DJSI North America Index and being named one of the Best 50 Corporate Citizens in Canada by Corporate Knights magazine.
“We work every day to live our values and demonstrate our commitment to environmental stewardship, protection and performance,” says Andrea Jalbert, vice-president of Community and Sustainability at TransCanada.
Keystone XL is the right choice for the environment
We have invested more than $5 billion dollars in renewable and emission-free energy. We help generate and deliver low carbon electricity to millions of families across North America. We also build pipelines safely transport the oil and natural gas that millions and millions of people depend on every day and that’s something that we’re extremely proud of.
Pipelines are the most environmentally responsible way of transporting oil and gas over long distances. The State Department’s final supplemental environmental impact statement found that not building Keystone XL would actually result in 28-42 per cent higher greenhouse gas emissions because the oil earmarked for transportation by Keystone XL will simply move by less efficient and more energy intensive methods like rail and barge.
Keystone XL is a state-of-the-art energy infrastructure project that has not only set the standard for pipeline safety but also for environmental protections and maintenance. We’ve agreed to 59 additional special safety conditions that no other pipeline project operating in the United States has. That includes installing cement casings around the pipeline near water tables, using more automatic shut-off valves spaced closer together, burying the pipeline deeper and increased inspections.
Preparing for tomorrow’s energy challenges is what we do at TransCanada. Those challenges simply cannot be addressed by one or two sources of energy alone. Energy security requires access diverse, abundant and reliable sources of energy and safe infrastructure to move it. Keystone XL will play a critical role in addressing the energy security demands of the United States while protecting the environment.
Five Reasons to Support Building the Keystone XL Pipeline
This project is the definition of shovel-ready. Almost overnight, Keystone XL could put 9,000 hard-working American men and women directly to work. The :U.S. State Department’s Final Supplemental Environmental Impact Statement (PDF, 4 MB) found that the project would support more than 42,000 direct and indirect jobs nationwide.
Learn more about Keystone XL jobs.
Keystone XL will contribute more than $3 billion towards U.S. GDP. Taxes paid by the project will greatly benefit the towns and counties it passes through. The :U.S. State Department’s Final Supplemental Environmental Impact Statement (PDF, 4 MB) showed Keystone XL will provide a substantial increase in tax revenues for counties along the pipeline route, with 17 of 27 expected to see increases of 10 percent or more.
Learn more about Keystone XL’s economic benefits.
Keystone XL connects the largest most sophisticated refining hub in the Gulf Coast with the third largest oil reserves on the planet and the second largest oil-producing region in the United States. Safe, secure access to domestic crude oil is key to ensuring long-term energy security. That’s exactly what Keystone XL provides.
Learn more about what Energy Security really means.
The State Department’s Final SEIS, and four previous environmental impact statements written over the past five years, containing more than 17,000 pages of scientific research, all reached a similar conclusion: Keystone XL would have minimal impact on the environment. Multiple scientific studies have also shown that Keystone XL and the development of the oil sands will not put the global climate in jeopardy.
Learn more about why Keystone XL is the right choice for the environment.
It has been well-established that pipelines are, by far, the safest mode of transportation for crude oil and natural gas. A recent Fraser Institute study shows that pipeline workers are less likely to be injured on the job and pipelines have fewer incidents per mile than trains and trucks. The State Department environmental impact reports have concluded that Keystone XL would have a degree of safety greater than any other crude oil pipeline in operation in the U.S. That’s because we’ve agreed to 59 additional special safety conditions that go above and beyond federal regulations. Crude oil needs to move from wells to the refineries. We have the responsibility to do that in the safest and most efficient way possible, no compromises.
Learn more in our Keystone XL blog post: Ten safety features of Keystone XL you might not have heard.
Shipper Application and Accounting
Visit the Keystone Shipper Information page on TransCanada.com