Keystone kl pipeline Essay Example | Topics and Well Written Essays - 500 words

Keystone kl pipeline - Essay Example s and floods have effects on American labor and jobs, if we throw the spigot open to Canada’s tar sands, it will be considered the world’s dirtiest oil (Smith 01). Building this pipeline and opening Tar Sands will impact local and national economies negatively. When the recoverable tar sands oil burns, it will increase temperature on the earth approximately by a minimum of 2 degrees Celsius which the NYU environmental law center estimates could cut permanently the US GDP by 2.5 % (Smith 02). As it’s seen, this will affect the US counties causing an estimated expensive damage. At the same time, local and state economies are buckling already under effects of our dependence on fossil fuel as a nation (Smith 02) Despite generating much profits of approximately $546 billion between 2005 and 2010, oil companies such as shell, chevron and ExxonMobil reduced their workforce by 4,400 employees. The same year, $220 million paid the executives themselves (Smith 02). From that, we can say it’s time invest the billions going to oil companies in creating employment and protecting the planet at the same time. Approving the Keystone pipeline will lock the nation into a trajectory of job loss that are guaranteed and hence threatens the economy and political state of the US. Why should the job-killing path be taken when the energy path that’s alternative like the solar industry is already out-performing some other sectors of the economy (Smith 02). Accidental contact with transmitting pipeline will create a dangerous situation that may be extreme to result in serious consequences to the contractors, general public and the customers. Some of these consequences may include fire explosion, injury or property damage, disruption of services that are essential, responsibility for cost of repair and personal liability all damages (Smith 03). According to the chief economics of Moody’s analytics, a havoc caused by the Super storm sandy on the job market was estimated to