Browsing the "pipelines" Tag

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Divest! US Bank agrees to dump pipeline financing!

One of America’s leading banks, U.S. Bank, announced in April that it would formally exclude all gas and oil pipelines from its project financing. In a revision to the company’s Environmental Responsibility Policy, U.S. Bank stated that it no longer “provide project financing for the construction of oil or natural gas pipelines.” Further, U.S. Bank explained that […]

May 16th

Trump bailing on another promise – using US steel for pipelines

Just four days after he took office, Pr*sident Donald Trump fulfilled one of his campaign promises by issuing a memorandum calling for a Commerce Department study on using American steel for pipelines – all-new, retrofitted, repaired, or expanded U.S. pipelines. The problem for Trump is that it’s likely no way can be found to craft a domestic-steel-only policy that’s legal. […]

May 5th