The controversial Keystone XL pipeline project has been canceled
TC Energy, the Calgary-based company behind the Keystone XL pipeline, said on Wednesday it is ending the project, after President Biden canceled a key permit and Canadian officials were unable to get him to reverse his decision.
The 1,200-mile pipeline would have been able to move up to 35 million gallons of crude daily, carrying it from western Canada to Steele City, Nebraska. The project was first announced in 2008, and environmental groups have been fighting it every step of the way, citing climate change concerns. They cheered Wednesday's news, with Jared Margolis of the Center for Biological Diversity telling The Associated Press, "Good riddance to Keystone XL."
The project stalled during the Obama administration, but was revived with the support of former President Donald Trump. Biden said he would cancel the permit for the border crossing, and did so on his first day in office. Republican lawmakers — and some Democrats from oil states — have criticized Biden for yanking the permit, saying it killed construction jobs. The pipeline is partially built, and TC Energy said it will work with government agencies to "ensure a safe termination" of the project.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
The pros and cons of globalization
Pros and Cons Globalization can promote economic prosperity but also be exploitative
By Justin Klawans, The Week US Published
-
Magazine solutions - October 11, 2024
Puzzles and Quizzes Issue - October 11, 2024
By The Week US Published
-
Magazine printables - October 11, 2024
Puzzles and Quizzes Issue - October 11, 2024
By The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published
-
Disney and DeSantis reach detente
Speed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
By Peter Weber, The Week US Published
-
Visa and Mastercard agree to lower swipe fees
Speed Read The companies will cap the fees they charge businesses when customers use their credit cards
By Peter Weber, The Week US Published
-
Reddit IPO values social media site at $6.4 billion
Speed Read The company makes its public debut on the New York Stock Exchange
By Peter Weber, The Week US Published
-
Housing costs: the root of US economic malaise?
speed read Many voters are troubled by the housing affordability crisis
By Peter Weber, The Week US Published
-
Feds cap credit card late fees at $8
speed read The Consumer Financial Protection Bureau finalized a rule to save households an estimated $10 billion a year
By Peter Weber, The Week US Published