“TC Energy confirmed today, after thoroughly reviewing options and consulting with partner, the Government of Alberta, that it has terminated the Keystone XL pipeline project,” the company announced in a statement.
The Canadian group had announced the suspension of working hours prior to the signing of the decree by Biden, on January 20, while he was in office.
The group, based in Calgary, western Canada, regretted America’s decision and announced “the layoffs of thousands of workers”.
The project, supported by the Canadian government but criticized by environmentalists, was launched in 2008. The project was canceled for the first time by Barack Obama because it was deemed too polluting, but President Donald Trump pushed it back for economic reasons.
Trump’s repeal of this decree is a campaign promise by Biden, as part of his plans to fight climate change.
The project aims to transport more than 800,000 barrels of oil per day by 2023 between the Canadian province of Alberta and refineries in the Gulf of Mexico.
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