Construction of the Keystone XL Oil Pipeline Is Halted as Biden Decides to Revoke Its Permit

Construction of the Keystone XL Oil Pipeline Is Halted as Biden Decides to Revoke Its Permit

TORONTO “” Construction on the long disputed Keystone XL oil pipeline halted Wednesday as incoming U.S. President Joe Biden decided to revoke its permit.



Biden's Day One plans included moving to revoke a presidential permit for the pipeline.



The premier of the oil-rich Canadian province of Alberta called it an "insult“ and said the federal Canadian government should impose trade sanctions if it is not reversed.



The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of oil a day from Alberta to the Texas Gulf Coast, passing through Montana, South Dakota, Nebraska, Kansas and Oklahoma.



"Advancement of the project will be suspended,“ the Calgary, Alberta-based company said in a statement.











Keystone XL President Richard Prior said over 1,000 jobs, the majority unionized, will be eliminated in the coming weeks.



"We will begin a safe and orderly shut-down of construction,“ he said.



First proposed in 2008, the pipeline has become emblematic of the tensions between economic development and curbing the fossil fuel emissions that are causing climate change. The Obama administration rejected it, but President Donald Trump revived it and has been a strong supporter.



"We are disappointed but acknowledge the President's decision