The developer of the Keystone XL Pipeline has announced it is abandoning the controversial $8 billion project after the Biden administration revoked a key cross-border permit in January, marking a major win for environmentalists. What do you think?
Government reaches exit agreement with TC Energy
The Alberta government is terminating its involvement in the Keystone XL project after the presidential permit approving the pipeline was revoked in January.
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The government and TC Energy have reached an agreement for an orderly exit from the KXL project and partnership. The two parties will continue to explore all options to recoup the government’s investment in the project.
“We remain disappointed and frustrated with the circumstances surrounding the Keystone XL project, including the cancellation of the presidential permit for the pipeline’s border crossing. Having said this, Alberta will continue to play an important role in a reliable, affordable North American energy system. We will work with our U.S. partners to ensure that we are able to meet U.S. energy demands through the responsible development and transporta
June 3, 2021 Alaska and Florida join lawsuit against illegal cancelation of Keystone XL permit Total number of states suing Biden administration over Keystone
June 3, 2021 Alaska and Florida join lawsuit against illegal cancelation of Keystone XL permit Total number of states suing Biden administration over Keystone
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