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Biden Revokes Keystone XL Pipeline Permit to Cross U.S. Border

(Bloomberg) Joe Biden canceled the Keystone XL oil pipeline hours after becoming president, killing once again a cross-border project that had won a four-year reprieve under his Republican predecessor, Donald Trump.In one of his first major environmental actions, Biden on Wednesday revoked TC Energy Corp.’s pipeline permit, according to a person familiar with the orders Biden signed.The move brings Keystone’s fate full circle, repeating a decision made in 2015 by President Barack Obama to keep the pipeline from crossing the border. Trump reversed that in 2017 on his fourth full day in office over the objections of environmental groups.TC Energy said it was “disappointed” and would suspend work on the project, leading to the layoff of thousands of workers. The decision overturns “an unprecedented, comprehensive regulatory process that lasted more than a decade and repeatedly concluded the pipeline would transport much-needed energy in an environmenta ....

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Keystone Investment Trust Plc - Publication of Circular


Keystone Investment Trust Plc - Publication of Circular
PR Newswire
Company ) has today published a Shareholder Circular (the
document ) setting out recommended proposals for the appointment of a new investment manager and adoption of a new investment policy and Notice of General Meeting.
Introduction and overview
On 7 December 2020, the Board announced that it had undertaken an extensive review of the Company s strategic direction and a competitive tender in relation to the Company s investment management arrangements. The Board further announced that as a result of this, it had decided, subject to contract and Shareholder approval, to appoint Baillie Gifford & Co Limited ( ....

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