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Obama laying out his energy and climate change policy and suggesting that he could be close to a decision on the keystone XL pipeline.
It would carry oil from Canada to refineries in Texas.
But there are some new questions about a billionaire donor to the president.
Who has conflicting interests with the keystone project John Roberts is live -- in Atlanta with more on this John.
Had a good morning to you billionaire hedge fund manager Tom stars and a vocal opponent of the keystone XL pipeline just wants to -- social media campaign.
To kill it but he may have.
Financial interest in seeing the demise of keystone you -- he started founded and still has investments with Ferrell on capitol.
Which still has substantial investments in oil including the US company Kinder Morgan which wants to expand a competing pipeline to keystone in -- to Canada's West Coast.
Critics accused -- standing to gain.
From a deal of killing keystone under the guise of environmentalists.
The fact is he has billions of dollars of investments through his hedge fund in fossil fuels.
Now he's launching this campaign against keys down.
When his holdings will benefit from the killing of -- now those are just the facts.
-- -- stepped down from Ferrell on late last year and says he is greening his portfolio divesting himself.
An interest in oil and gas but it's unclear where he is in that process his spokesman Chris -- telling me yesterday put this divestment has been taking place.
Consistent with the applicable legal requirements -- So how -- killing at -- helps dire.
All right let's take a look at the map if you will there -- three pipelines proposed.
Coming out of the oil sands in Canada what is the northern gateway one is keystone XL the other one is his trans mountain pipeline that's the one that's Dyer has investment -- It looks like the northern -- we will not be built if keystone is killed.
At least trans mountain is the only game in town able to carry more tar sands oil.
Think keystone XL to the -- -- the West Coast of Canada each and every day for export Heather.
All right John Roberts looking at it closely for us from Atlanta thank you.
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