The sponsor of the Keystone XL crude oil pipeline pulled the plug on the contentious project Wednesday after Canadian officials failed to persuade President Joe Biden to reverse his cancellation of its permit on the day he took office.
BILLINGS, Mont. —
Biden canceled the pipeline's border crossing permit in January over longstanding concerns that burning oil sands crude could make climate change worse and harder to reverse., raising tensions between the U.S. and Canada. Alberta officials said Wednesday they reached an agreement with TC Energy, formerly known as TransCanada, to exit that partnership. The company and province plan to try to recoup the government's investment, although neither offered any immediate details on how that would happen.
Environmentalists who had fought the project since it was first announced in 2008 said its cancellation marks a “landmark moment” in the effort to curb the use of fossil fuels. Attorneys general from 21 states had sued to overturn Biden’s cancellation of the pipeline, which would have created thousands of construction jobs. Republicans in Congress have made the cancellation a frequent talking point in their criticism of the administration, and even some moderate Senate Democrats including Montana's Jon Tester and West Virginia's Joe Manchin had urged Biden to reconsider.
A White House spokesperson did not immediately respond to a request for comment on TC Energy's announcement. In his Jan. 20 cancellation order, Biden said allowing the line to proceed "would not be consistent with my administration’s economic and climate imperatives.”
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