The developer of the Keystone XL pipeline announced Wednesday that it is pulling the plug on the controversial project after the Biden administration revoked its permit in January.
TC Energy, the Canadian company behind the project, said it decided to terminate the project after a comprehensive review of its options. It is in the process of coordinating with regulators, stakeholders, and indigenous groups to ensure a safe exit from the project.
The cancellation ends more than a decade of controversy over the pipeline and marks a big win for environmentalists who argued the project threatened the environment and would only worsen the climate crisis. According to the New York Times the 1,179-mile pipeline would have carried 800,000 barrels of petroleum from Canada to the Gulf Coast.
According to CNN, the end of the Keystone XL will add to the pressure on Biden from environmentalists to terminate other projects, including Line 3 and the Dakota Access Pipeline. While some are relieved to hear of the cancellation, others are concerned that the project will lead to the layoff of thousands of union workers.
