Canadian firm confirms termination of Keystone XL project after Biden denied permit

President Joe Biden has enacted several environmental policies since Inauguration Day that have sparked concern among his critics, including an order blocking the permit for the completion of the Keystone XL oil pipeline.

Now, that project has been terminated, the Daily Caller reports — and the Biden administration appears to be largely responsible.

“Ensure a safe termination”

TC Energy, the Canadian company behind the pipeline, formally announced on Wednesday that it had suspended the plans, which could have boosted the economy and created American jobs.

In its statement, the firm cited Biden’s executive action on Jan. 20 to revoke the pipeline’s permit.

“The Company will continue to coordinate with regulators, stakeholders, and Indigenous groups to meet its environmental and regulatory commitments and ensure a safe termination of and exit from the Project,” TC Energy continued.

From here, the company appears to be entirely focused on its other projects.

As for the pipeline, it provided a route for oil from Canada into the U.S. and was first approved by the State Department under President Barack Obama, though he withheld the necessary permits due to environmental concerns.

“I can’t speak to Keystone”

The Trump administration subsequently granted the permit and, as one of his first actions as president, Biden revoked it.

A group of GOP attorneys general is currently challenging the revocation in court on the argument that the president overstepped his authority. It is unclear how or if the recently announced termination of the TC Energy project will affect the ongoing court case.

Biden’s order did not simply usher in the demise of the Keystone XL pipeline, it wiped out the thousands of jobs that stood to be created by its completion. As Breitbart reported, the permit revocation led to an immediate 1,000 job losses, 11,000 direct jobs expected to be created, and roughly 60,000 positions indirectly supported by the pipeline.

Secretary of State Antony Blinken responded to a question this week regarding the Biden administration’s position on the pipeline while at the same time allowing the Russian Nord Stream 2 gas pipeline project to continue.

Opting against providing a direct response, Blinken stated: “I can’t speak to Keystone, or domestic policy or politics, just Nord Stream itself.”

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