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Biden Revokes Keystone XL Pipeline
USAgNet - 01/21/2021

President Biden canceled the Keystone XL oil pipeline hours after taking office, killing once again a cross-border project that had won a four-year reprieve under his Republican predecessor.

In one of his first major environmental actions, Biden on Wednesday revoked TC Energy Corp.'s pipeline permit, according to a person familiar with the orders Biden signed.

According to Bloomberg News, the move brings Keystone's fate full circle, repeating a decision made in 2015 by President Barack Obama to keep the pipeline from crossing the border. Trump reversed that in 2017 on his fourth full day in office over the objections of environmental groups.

TC Energy said it was "disappointed" and would suspend work on the project, leading to the layoff of thousands of workers. The decision overturns "an unprecedented, comprehensive regulatory process that lasted more than a decade and repeatedly concluded the pipeline would transport much-needed energy in an environmentally responsible way," said the Calgary-based company.

Environmentalists argue the project would provide an outlet for heavy Canadian oil sands crude extracted in Alberta through particularly energy-intensive processes that ratchet up its carbon footprint.

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