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    Home»Economy»Keystone XL pipeline project abandoned
    Economy

    Keystone XL pipeline project abandoned

    Sophie LaurentBy Sophie LaurentJune 10, 2021No Comments2 Mins Read
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    (Montreal) The controversial Keystone XL pipeline project between Canada and the United States has been abandoned, Canadian operator TC Energy announced Wednesday, nearly five months after US President Joe Biden blocked it.


    Posted on Jun 9, 2021 at 5:26 PM


    Updated at 6:15 PM.



    Participation

    “TC Energy has today confirmed, after a full review of its options and in consultation with its partner, the Government of Alberta, that it has completed the Keystone XL pipeline project,” he said in a statement.

    The Canadian group had announced the suspension of work a few hours before the decree was signed by Mr. Biden on January 20.

    The group based in Calgary, western Canada, has expressed disappointment, accordingly declaring “thousands of union workers laid off.”

    This project, supported by Ottawa, but criticized by environmentalists, was launched in 2008. Barack Obama first canceled it, because it was considered too polluting, and Donald Trump put it back on track for economic reasons.

    Repealing his predecessor’s decree was one of Joe Biden’s election promises, as part of his plan to combat climate change.

    It also disappointed Canadian Prime Minister Justin Trudeau.

    As of 2023, the project was intended to transport more than 800,000 barrels of oil per day between the Canadian province of Alberta and US refineries in the Gulf of Mexico. But it has been criticized by environmentalists for its impact on greenhouse gas emissions.

    Sophie Laurent

    Sophie Laurent is a contributor to Vaughantoday.ca, covering a wide range of topics including local news, politics, business, technology, sports, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting that helps readers stay informed about current events and issues that matter to their communities. Sophie is committed to presenting accurate information, practical insights, and relevant stories in a straightforward and reader-friendly manner, making complex topics accessible to a broad audience.

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