Construction of the 200-mile oil pipeline began last year under the Trump administration, after the massive project was halted under then-President Barack Obama.
On his first day as president, Joe Biden in January withdrew the statement from his predecessor, citing the fact that it was a negative development from a climate standpoint.
Now comes the next blow The project, when completed, could transport 35 million gallons of crude oil (1 gallon 3.78 liters) per day.
TC Energy, the owner and developer of the oil pipeline, announced today, Wednesday, its withdrawal, AP . Reports. The company intends to work with the government to “ensure the safe dismissal and resignation” of the incomplete management, the news agency reported.
Alberta officials – who had been expected to pull management from there to US Gulf of Mexico refineries – confirmed that an agreement had been reached with TC Energy. The ambition remains to recover more than the $1 billion the county has invested in connection with construction, according to the Associated Press, but there doesn’t seem to be a plan for how.
“We continue to be disappointed and frustrated by the circumstances surrounding the Keystone XL project, including the revoked permit granted by the President,” Alberta Premier Jason Kenney said in a statement.
According to Jared Margolis, an attorney at The environmental organization’s Center for Biological Diversity mission is a “milestone in the fight against the climate crisis,” Reuters reports.