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Construction plans for these pipes have likely been cut this week. US president-elect Joe Biden plans to cancel the Keystone XL pipeline permit, the fourth phase of a major oil transportation system between Canada and the US, by executive order during his first day in office. Canadian politicians are already expressing their concerns about how it could affect the country’s economy. The cross-border project’s cancellation appeared on a list of actions for his first day that was shared with US stakeholders over the weekend and “widely circulated,” according to the Canadian Broadcasting Corporation (CBC) News. Biden’s decision on Keystone XL is part of a number of other environmental policies the incoming president plans to implement during his first day on the job, including re-joining the Paris Climate Agreement. President Donald Trump withdrew from the landmark initiative in November of last year. “It’s very symbolic to cancel a project that’s been beset by problems for many years and has no place in the vision the Biden Administration has about [the US] transitioning to a clean energy future,” said Steve Melink, founder and CEO of green energy supplier and consulting company Melink Corporation. News of the cancellation is especially painful for […]
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