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Critique Keystone Paper Response
The authors defend their use of a simple, transparent global oil model to estimate that the Keystone XL pipeline could increase global emissions by 0 to 110 million tonnes CO2e annually. They argue that the U.S. State Department's Environmental Impact Statement ignores the dynamic relationships between oil production, prices, and demand. While acknowledging uncertainties in supply elasticity and market behavior, they maintain that their approach allows for a range of possible supply responses and encourages open debate over 'black box' models.
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Document type: Statement
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