This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Celebs, Enviros Arrested At WH Pipeline Protest

By MATTHEW DALY

WASHINGTON (AP) â¿¿ Celebrities and environmental activists, including lawyer Robert F. Kennedy Jr. and civil rights leader Julian Bond, were arrested Wednesday after tying themselves to the White House gate to protest the Keystone XL oil pipeline from Canada.

Sierra Club executive director Michael Brune also was arrested â¿¿ the first time in the group's 120-year history that a club leader was arrested in an act of civil disobedience. The club's board of directors approved the action as a sign of its opposition to the $7 billion pipeline, which would carry oil derived from tar sands in western Canada to refineries along the Texas Gulf Coast.

Activist Bill McKibben, actress Daryl Hannah and NASA climate scientist James Hansen also were arrested, along with more than 40 others. They were charged with failure to disperse and obey lawful orders, and released on $100 bond each.

The protesters are demanding that President Barack Obama reject the pipeline, which they say would carry "dirty oil" that contributes to global warming. They also worry about a spill.

Many business and labor groups support the 1,700-mile pipeline as a source of jobs and a step toward North American energy independence.

The 4-year-old project has become a flashpoint in the debate over climate change, with opponents labeling it a "carbon bomb" that could trigger global warming. Supporters call that rhetoric overblown and say Obama should approve the pipeline as part of his "all of the above" energy policy, which encourages a wide range of domestic energy development.

In an interview before his arrest, Brune said civil disobedience was justified because of the threat posed by tar sands oil, which is difficult to produce and emits significantly more greenhouse gases than conventional oil. The Sierra Club is the nation's oldest and largest environmental group and generally shies away from extreme tactics.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,242.93 +110.23 0.61%
S&P 500 2,110.74 +6.24 0.30%
NASDAQ 4,990.2350 +26.7080 0.54%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs