[ Daily Mail ] Blocked by Biden: Keystone XL Pipeline is finally AXED five months after President revoked permit: Trump claims 48,000 Americans will lose their jobs
- Canadian developer TC Energy announced Wednesday it was pulling the plug on the controversial $8 billion pipeline
- Biden revoked its permit on his first day in office, undoing Trump’s approval
- TC Energy alluded to Biden’s decision in its cancellation announcement
- The pipeline would have carried oil from the tar sands of Canada to Texas
- Environmentalists and indigenous groups had long opposed the pipeline
- Trump claimed last week Biden’s nixing of it had cost 48,000 US jobs
The Keystone XL Pipeline project has officially been axed, five months after Joe Biden revoked Donald Trump’s permit on his first day in office and just days after the former president claimed the move could cost 48,000 American jobs.
TC Energy, the Canadian developer behind the project, announced Wednesday it was pulling the plug on the controversial $8 billion pipeline that would have carried 800,000 barrels of oil a day from the tar sands of Canada to refineries on the Texas Gulf Coast.
The company said it had come to the decision following a comprehensive review of its options and after consulting with the government of Alberta, Canada. It alluded to Biden’s decision to ax the permit as part of the reason for the project’s cancellation.