Energy

Company officially nixes Keystone XL pipeline


The company behind the Keystone XL pipeline announced on Wednesday that it’s officially scrapping the project after President BidenJoe BidenHouse Judiciary Democrats call on DOJ to reverse decision on Trump defense Democratic super PAC targets Youngkin over voting rights Harris dubs first foreign trip a success amid criticism over border MORE nixed a border-crossing permit for the project. 

A statement form TC Energy said that after “a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project.”

“We value the strong relationships we’ve built through the development of this Project and the experience we’ve gained,” company president and CEO  François Poirier said in a statement. 

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The news was first reported by the Washington Examiner

On his first day in office, Biden decided to nix the key permit for the project, garnering cheers from many environmental and indigenous groups and ire from conservatives. 

This story is developing and will be updated. 





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