REPORT: Biden to cancel Keystone XL Pipeline

The report from CBC News states Biden plans to cancel the project, which would run through Nebraska, by executive action.

January 18, 2021Updated: September 25, 2021

By News Channel Nebraska

A new report states that President-elect Joe Biden plans to cancel the Keystone XL pipeline permit on his first day in office.

The report from CBC News states Biden plans to cancel the permit by executive action.

President Donald Trump issued a presidential permit to build the pipeline in 2017, after former President Barack Obama axed the project.

TC Energy Corp. operates the project, which planned to move oil from Canada to Nebraska.

TC Energy Crop plans to spend close to $2 billion to get the project to zero carbon emissions in an attempt to win Biden’s approval.

The Biden Administration has not yet commented on the report.