President Biden 'Plans To Cancel $9 Billion Keystone XL Pipeline On His First Day As President. Canada Warns It will Damage Ties

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Title : President Biden 'Plans To Cancel $9 Billion Keystone XL Pipeline On His First Day As President. Canada Warns It will Damage Ties
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President Biden 'Plans To Cancel $9 Billion Keystone XL Pipeline On His First Day As President. Canada Warns It will Damage Ties

 


 * Joe Biden is planning to cancel the Keystone XL pipeline permit, source says 
 * Biden was VP in the Obama administration when it rejected the project 
 * Trump made building the pipeline a central promise of his presidential campaign 
 * The words 'Rescind Keystone XL pipeline permit' appear on a list of executive actions likely scheduled for the first day of Biden's presidency 
 * The project would move oil from the province of Alberta, Canada, to Nebraska 
 * It had been slowed by legal issues in the US and faced opposition from environmentalists 

U.S. President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps as soon as his first day, according to a source familiar with his thinking. 

President Donald Trump had made building the pipeline a central promise of his presidential campaign. 

Biden, who will be inaugurated on Wednesday, was vice president in the Obama administration when it rejected the project as contrary to its efforts to combat climate change. 

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WNU Editor: This is definitely not a good start to U.S. - Canada relations .... An outright 'No': Biden's Day 1 Keystone XL kibosh bodes ill for Canada-U.S. ties (CTV News). The cost to Canada from this decision will be multi-billions in lost revenues and countless jobs. As for the U.S.. Instead of buying oil from Canada with some of the best oil-environmental regulations in the world, the U.S. will now buy from OPEC who have a spotty record at best when it comes to the environment.

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