TORONTO — The Canadian company behind the Keystone XL oil pipeline said Wednesday it has suspended work on the pipeline in in anticipation of incoming U.S. President Joe Biden revoking its permit. Biden’s Day One plans included moving to revoke a presidential permit for the pipeline. The 1,700-mile (2,735-kilometer) pipeline would 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. "As a result of the expected revocation of the Presidential Permit, advancement of the project will be suspended," the Calgary, Alberta-based company said in a statement. 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. Construction already started. Kirsten Hillman, Canada’s ambassador to the United States, said Canada needs to move on now that Biden has made a decision. Joe Biden delivers remarks after he is sworn in as 46th President of the United States. "Of course we’re disappointed. We worked hard over the past number of months trying to […]
CamTrader offers a preview only. View original article. 6abc.com