Alberta Premier Jason Kenney reacts following suspension of Keystone XL pipeline project | LIVE

Alberta Premier Jason Kenney is expected to speak Wednesday following the announcement that work on the Keystone XL project is being suspended in anticipation of U.S. President Joe Biden revoking its vital presidential permit once he is sworn in.

TC Energy Corp said it is “disappointed” with Biden’s action, expected later today, adding it will overturn extensive regulatory reviews that found the pipeline would transport needed energy in an environmentally responsible way and bolster North American energy security.

On Tuesday, Kenney urged Prime Minister Justin Trudeau in a phone conversation to continue his efforts to press Biden to allow Keystone XL to proceed.

Kenney’s government has invested $1.5 billion directly in the project, along with loan guarantees, and he has said about $1 billion is at risk if the project is killed.

For more info, please go to https://globalnews.ca/news/7587876/keystone-xl-pipeline-project-work-suspended/

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Source: Global News

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