Joe Biden to cancel permit for the $9 billion Keystone XL pipeline

Joe Biden to cancel permit for the $9 billion Keystone XL pipeline

"Keystone XL represents the opportunity to create over 40,000 jobs in the United States, to add over 3-billion dollars to the gross domestic product, just in terms of its construction", the Premier stated.

Kenney said the Alberta government has already retained legal counsel both in Canada and the United States to give advice on the province's potential legal standing to seek compensation if the pipeline expansion project is cancelled.

CBC News obtained over the weekend a purported note from the Biden transition team mentioning the plan to cancel the controversial project on a list of executive actions supposedly scheduled for Day 1 of his presidency.

A briefing note seen by Canadian and U.S. media says Mr Biden will sign an executive order revoking the permit for Keystone XL on Inauguration Day - 20 January.

In November 2015, the Obama administration, including Mr. Biden, rejected Keystone XL, partly because the US oil industry had increased domestic production and did not need increased supplies of Canadian oil.

President Barack Obama finally axed the advance of the pipeline in 2015, siding with environmentalists.

"For Canadians, we are talking about US$100 billion in (annual) exports", Alberta Premier Jason Kenney said yesterday.

Prime Minister Justin Trudeau raised the issue of the Keystone XL pipeline with Biden during a phone call to congratulate him on his election on November 9.

"I also call upon the incoming U.S. administration to meet with our prime minister and affected workers prior to making this decision".

In a statement to CTV News Sunday, Canada's ambassador to the U.S., Kirsten Hillman, said the Trudeau government remains committed to the project.

"We ask President Biden to take time to analyze this innovative project and its role in spurring a green transition to a healthier economy". "Canada strategy to fight climate change", Beatty said in a statement.

Construction has hit other economic and legal roadblocks since then, but environmentalists were pleased when Biden said during the presidential campaign that he meant to once again cancel the permit.

"While I am urging the prime minister to leverage his relationship with Mr. Biden, Saskatchewan will continue exercising our contacts in Washington DC to advocate for the continuation of this project that clearly benefits both of our nations", he said. "With all of the major crises facing America, we must never lose sight of the most existential threat facing our planet: climate change".

The Keystone XL pipeline would bring oil from Hardisty, Alta., to Steele City, Neb.

The pipeline, which has been in development for more than a decade, aims to transport 830,000 barrels of oil per day from Alberta tar sands in Canada to refineries along the US' Gulf Coast.

"We can not imagine a circumstance where the United States would effectively choose to benefit OPEC dictatorships that have spread conflict and undermine global security rather than partnering with its closest democratic ally, Canada".