Bloomberg reports that “U.S. climate negotiators have told their Canadian counterparts that Canada’s plan to cut carbon emissions could be one of the factors that President Barack Obama weighs as he considers whether to approve the Keystone XL pipeline, a U.S. official said.”  

“The U.S. hasn’t suggested it might approve the $8 billion proposed project in exchange for climate commitments, the official said. Canada is developing a proposal as part of United Nations-sponsored talks aimed at cutting carbon emissions that governments were encouraged to submit by next month.”  

“Obama has secured climate concessions from China and India as part of those UN talks. A similar deal with Canada could help offset the anticipated environmental damage from the TransCanada Corp. pipeline, responding to project opponents.”