Keystone XL Pipeline Project Terminated, Developer Says
Thomas Catenacci
Reporter
June 09, 2021 5:50 PM ET
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The developer of the Keystone XL Pipeline announced that it was abandoning the contested project months after President Joe Biden revoked the pipeline’s federal permit.
TC Energy permanently canceled further construction of the pipeline after conducting a comprehensive review of its options alongside the Government of Alberta, Canada, which had been a project partner, according to the energy company’s announcement on Wednesday afternoon. The company noted that the project, which had been strongly criticized by environmental groups, was suspended on Jan. 20 after Biden issued an executive order revoking its permit.
“We value the strong relationships we’ve built through the development of this Project and the experience we’ve gained,” TC Energy President and CEO François Poirier said in a statement. “We remain grateful to the many organizations that supported the Project and would have shared in its benefits.”
TC Energy said it would shift its focus on other projects that would “meet the evolving energy demand today and in the future.”
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https://dailycaller.com/2021/06/09/keystone-xl-pipeline-joe-biden-montana/