By Vipal Monga and Collin Eaton TORONTO President Biden s revocation of a permit for TC Energy Corp. s Keystone XL pipeline is raising pressure on Canada s energy industry to seek new markets for oil and gas, its top export. Mr. Biden revoked the Keystone XL permit on Wednesday, hours after taking office, effectively shutting down a 12-year, cross-border project that would have carried 830,000 barrels a day from Alberta to Nebraska and eventually to refiners on the Gulf Coast. His executive order, which fulfilled a campaign promise, cited concerns about climate change. Canada, the world s fourth-largest oil producer, is left with fewer options to get its dense, sticky crude from landlocked oil sands to U.S. refiners. Canada and industry executives are also working to counter claims that tapping oil sands is more damaging to the climate than some other types of oil. They say Canadian producers have lowered carbon emissions by using less coal-fired power and more
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iPolitics By iPolitics. Published on Jan 20, 2021 11:51am Prime Minister Trudeau speaks from Rideau Cottage in Ottawa in April. (Andrew Meade/iPolitics)
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Prime Minister Justin Trudeau said he will continue to press Canada’s case for the Keystone XL pipeline project with the incoming Biden administration. Biden plans to rescind the presidential permit allowing cross-border construction of the pipeline as one of his first acts in office.
“We’ve had a clear and consistent position supporting this project for years. Our government is making sure that Canada’s views are heard and considered by the incoming administration at the highest levels,” Trudeau said during a news briefing yesterday in front of his home at Rideau Cottage.
iPolitics By iPolitics. Published on Jan 18, 2021 12:53pm (Joe Biden/Twitter)
The Lead
President-elect Joe Biden plans to cancel the permit for the Keystone XL pipeline on his first day in office. A briefing note from Biden’s transition team included “Rescind Keystone XL pipeline permit” on a list of executive actions scheduled for Day 1 of Biden’s presidency.
The news suggests that Canada has been unable to persuade the president-elect of the benefits of the pipeline-expansion project. Kirsten Hillman, Canada’s ambassador to the U.S., said in a statement sent to the Canadian Press that the government “continues to support the Keystone XL project and the benefits that it will bring to both Canada and the United States.”
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