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Biden to kill Keystone XL pipeline in fight on climate change, sources say


Biden to kill Keystone XL pipeline in fight on climate change, sources say
Steven Mufson and Juliet Eilperin, The Washington Post
Jan. 18, 2021
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WASHINGTON - Signaling his commitment to quickly confront climate change, President-elect Joe Biden is planning to move within days to quash the controversial multibillion-dollar Keystone XL pipeline, according to two individuals familiar with the decision who spoke on the condition of anonymity because it had not been announced yet.
The politically symbolic pipeline, promoted by the oil and gas industry since it was first proposed about 15 years ago, has drawn opposition because it would carry tar sands, or heavy bitumen, from the boreal forests of northern Alberta, Canada, to refineries on the U.S. Gulf Coast. The energy used in extracting these molasses-like petroleum supplies would contribute heavily to climate change. ....

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Alberta looks at selling Keystone pipes to recover losses


Alberta looks at selling Keystone pipes to recover losses
19 January 2021 - 08:33 Robert Tuttle and Kait Bolongaro
A depot used to store pipes for Transcanada Corp s planned Keystone XL oil pipeline is seen in Gascoyne, North Dakota,in this January 25, 2017 file photo. Picture: REUTERS/TERRAY SYLVESTER
Ottawa The Canadian province that invested $1.1bn of taxpayers’ money in the controversial Keystone XL project is considering the sale of pipe and materials to try to recoup some funds.
“If the project ends, there would be assets that could be sold, such as enormous quantities of pipe,” Alberta premier Jason Kenney said on Monday. “That would offset construction costs.” ....

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