World News

The company has abandoned the production of Keystone XL pipes | Economic Affairs

Critics have received a declaration as a ‘victory’ a few months after US President Joe Biden revoked the pipeline permit.

The company that developed the oil pipeline that would run between Canada and the United States has resigned, just months after US President Joe Biden revoked the permit.

Mu words On Wednesday, TC Energy announced it had terminated the Keystone XL project “by reviewing all its options” and in talks with its counterpart, the Alberta government, the oil-rich region of western Canada.

“The company will continue to liaise with regulators, stakeholders and community groups to achieve their goals and improve the environment and ensure sustainable operations,” TC Energy said.

The right wing of the Alberta Premier Jason Kenney’s Government invested $ 1.5 billion in Canadian ($ 1.1bn) in the Keystone project last year, saying pipelines were needed to support regional economies.

But the work met years of intense opposition from environmental groups, landowners and Indians in Canada and the US, who said this threatens their environment with water and could exacerbate climate problems.

In January, just hours after its launch, Biden fulfilled his promise and revoked the president’s approval for a project approved by former President Donald Trump.

The 1,947km (1,210 miles) Keystone XL pipeline would have to stretch from the Canadian province of Alberta to the US Nebraska, and would send 830,000 oil drums per day between the two countries.

The Indigenous Environmental Network, an American invitation group from the United States, received the announcement Wednesday. “More than 10 years later – we have finally defeated the oil and gas giant! Keystone XL IS DEAD! We are dancing in our hearts for this victory!” The group tweeted.

“From Tar Sands to the Gulf – we stood by hand to protect the next seven generations of life, water and our communities. This is not an end – but just the beginning of another success. We know this in our hearts.”

“We hope that Biden’s management will continue to move the country forward in the face of oil spills that threaten our climate, water and wildlife. Exclusive Keystone XL!” He said Jared Margolis of the Center for Biological Diversity, an environmental group in the US.

The government of the Prime Minister of Canada Justin Trudeau had it helped the pipeline, but Trudeau said in January that he accepted Biden’s proposal to ban the project.

Kenney, Alberta’s prime minister, said Wednesday that his government remained “disappointed and disappointed with the Keystone XL project, including the revocation of the president’s cross-border permit”.

“With that said, Alberta will continue to play an important role in the reliable, affordable North American machines. We will work with our US counterparts to ensure that we are able to overcome US forces through careful planning and shipment of our goods.”

Alberta officials are expected to raise $ 1.3bn Canadian dollars ($ 1.07bn) for the project.




Source link

Related Articles

Leave a Reply

Back to top button