Weekend Reads Biden wants to cancel the titanic Keystone XL pipeline, validated by Trump, upon his inauguration

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US President-elect Joe Biden plans to cancel the controversial Keystone XL pipeline project between Canada and the United United States by a presidential decree upon his inauguration on January 20, affirmed Sunday, January 17 the Canadian channels CBC and CTV.

Both channels report briefing notes from Joe Biden's transition team to industry players, indicating that the cancellation of the pipeline license will be part of the measures to be announced by the new president on day of assuming office.

The project of the Canadian group TC Energy, of some 8 billion American dollars (6.6 billion euros), should make it possible to transport more than 800 000 barrels of oil per day, over nearly 2,000 km, between the Canadian province of Alberta and the American refineries in the Gulf of Mexico.

Carson Jerema: Joe Biden cancelling Keystone XL is hypocritical and it won't help climate change

Keystone XL was shaping up to be among the cleanest pipeline projects ever built. Calgary’s TC Energy was planning to spend $1.7 billion to power pump stations along the 1,200 mile line extension entirely with renewables like solar and wind, the Wall Street Journal reported Sunday night . The project promised to provide thousands of high-paying jobs and included deals with several American unions, and TC Energy had partnered with five First Nations who had taken equity in the pipeline. It is exactly the kind of project any sane politician would be excited for in these recessionary times. So naturally incoming U.S.

The words "Rescind Keystone XL pipeline permit" appeared on a list of executive actions likely scheduled for the first day of Biden 's presidency, according It was seen to face a potential fatal blow when Biden takes office on Wednesday if he followed through on a vow to scrap the oil pipeline 's

(Bloomberg) -- President-elect Joe Biden may fulfill a pledge to cancel the Keystone XL pipeline permit via executive action on his first day in office, CBC News reported, citing people it didn’t identify.The words “Rescind Keystone XL pipeline permit” appeared on a transition briefing note for

Launched in 2008, the pipeline extension project was blocked by former President Barack Obama, then authorized by his successor Donald Trump. It is criticized by environmentalists because of its impact on greenhouse gas emissions.

Alberta Premier Jason Kenney, who supports the project, said in a tweet, "extremely concerned" about reports that Joe Biden could cancel it as early as Wednesday.

This province is in the midst of an economic slump with the collapse of oil prices, notably as a result of the coronavirus pandemic.

For his part, the leader of the conservative party (opposition) Erin O'Toole estimated, in a statement, that such a decision would "devastate thousands Canadian families already hit hard by the economic crisis ”.

He called on Prime Minister Justin Trudeau to “communicate immediately with the new US administration to prevent this from happening” and to “defend workers across Canada”.