Canada’s TC Energy drops Keystone pipeline after Biden rescinds permit

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Fall, 2021-06-10 03:17

NEW YORK: Blocked by US President Joe Biden, Canada’s TC Energy said Wednesday it had officially terminated the Keystone XL Pipeline project, throwing in the towel on a controversial initiative opposed by environmental activists.
TC Energy will coordinate with regulators, indigenous groups and other stakeholders “to meet its environmental and regulatory commitments and ensure a safe termination of and exit from the Project,” the company said in a press release, confirming that it had notified the government of the province of Alberta.

A TC Energy pump station sits behind mounds of dirt from the Keystone XL crude oil pipeline as it lies idle near Oyen, Alberta, Canada. (REUTERS/Todd Korol/File Photo)
In this file photo taken on Feb. 03, 2014, environmental activists inflate a long balloon to mock the Keystone pipeline project during a rally in front of the White House in Washington, DC. (AFP / JEWEL SAMAD)
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