Over 1,000 Jobs Cut by Company Building Keystone XL Pipeline After Biden Ends Project

  • Date: 22-Jan-2021
  • Source: Newsweek
  • Sector:Economy
  • Country:Middle East
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Over 1,000 Jobs Cut by Company Building Keystone XL Pipeline After Biden Ends Project

TC Energy, the company that was set to build the Keystone XL oil pipeline from Canada to the U.S, will be cutting over 1,000 construction jobs after President Joe Biden revoked the project's permit on Wednesday.In an email sent to employees, the company said it will be eliminating jobs and halting the pipeline's construction in the upcoming weeks, Politico reported."Over 1,000 positions will be eliminated in the coming weeks, the majority of these unionized workers representing the building trades," Keystone XL chief Richard Prior wrote in the message.Biden's decision to nix the controversial project in one of his first acts as president follows years of opposition from progressives, environmentalists and indigenous groups.If constructed, the pipeline would have shipped 830,000 barrels per day of carbon-heavy oil from Alberta, Canada, to Nebraska. Opponents of the project have long considered its creation to be a setback for the United States' transition to cleaner energy.For over a decade, the pipeline faced legal challenges and economic setbacks based on which administration held office in the White House. The project first lost its permit under President Barrack Obama, but regained it in 2017 under President Donald Trump.TC Energy said it would eliminate over 1,000 jobs after