Developer pulls plug on Keystone XL oil pipeline

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TC Energy, the Canadian company behind the project, said it made the decision to terminate the project after a comprehensive review of its options and consultation with the Government of Alberta, Canada. The company said it would coordinate with regulators, stakeholders and indigenous groups to ensure a safe exit from the project.

The cancellation ends more than a decade of controversy over the pipeline and marks a major victory for environmentalists, who argued that the project threatened the environment and would only worsen the climate crisis.

The project was intended to move oil from Canada’s tar sands to the United States, and has been a political football for years.

On his first day in the White House, President Joe Biden revoked the permit granted to his predecessor, Keystone XL, and also went on to re-enter the United States in the Paris climate accord. TC Energy warned at the time that Biden’s decision would “directly lay off thousands of union workers.”

The end of the Keystone XL will increase pressure on Biden from environmentalists to finish other projects, including Line 3 and the Dakota Access Pipeline.

David Turnbull, Director of Strategic Communications, Oil Change International, said, “The cancellation of Keystone XL is a reminder that this project was never needed nor in the public interest, and that it is time for the fossil fuel era to rapidly approach. ” , said in a statement.

The American Petroleum Institute, the largest trade group in the oil and gas industry, expressed dismay at the news.

“It is unfortunate that the political interruption resulted in the termination of the Keystone XL pipeline,” said Robin Roerich, Vice President of Midstream and Industry Operations at API. “It’s a blow to American energy security and a blow to the thousands of well-paying union jobs that support this project.”

Marty Durbin, president of the Chamber of Commerce’s Global Energy Institute, said the administration’s decision to end the project made sense, but that ultimately “the American people will be hurt the most by not having access to cheap and reliable energy that can be used for energy.” would be safely and efficiently transported by pipeline.”

However, environmental groups applauded the news.

Kendall McKay, campaign manager for 350.org’s Keep It in the Ground campaign, said in a statement, “The end of this zombie pipeline sets a precedent for President Biden and polluters to stop Line 3, Dakota Access and all fossil fuel projects.” is.”

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