In this episode of DeSmogCAST our team discusses Obama's recent promise to veto legislation put forward by a Republican-led Congress to expedite construction of the Keystone XL pipeline. While the fate of Keystone remains uncertain, the Obama Administration made changes in the final days of 2014 that now allows for the export of U.S. crude oil. As Justin Mikulka reports, the change doesn't lie in a newly passed bill but rather in a language game used to mask the difference between crude oil and condensate.
Finally we take a look at a new study recently published in Nature that analyzes the globe's total carbon reserves and pinpoints those that must remain unburned if we are to stay within the 2 degrees Celsius warming limit recommended by scientists and policy makers. That study highlights the Canadian oilsands and almost all coal reserves in the U.S. as carbon deposits that must remain in the ground in a carbon-constrained future.