Biden revokes permit for controversial Keystone XL pipeline

Washington, Jan 21 : US President Joe Biden has signed an executive order to revoke the existing presidential permit for the controversial Keystone XL pipeline project, which would carry oil from Canada to the American Gulf Coast.
Oil industry groups and Republicans in the US opposed the move, arguing it would result in job losses and put energy security at risk, Xinhua news agency.
But environmental groups and Democrats praised Biden’s decision, arguing the Keystone XL project would worsen climate change.
“President Biden hit the ground running on the strongest White House climate plan ever, with executive action to rejoin the landmark Paris climate agreement, reject the dirty tar sands pipeline,” Mitchell Bernard, president of the Natural Resources Defense Council, said in a statement on Wednesday.
“It makes the US once more part of the global climate solution-not the problem. It makes clear that the country is moving away from dirty fossil fuels and toward cleaner, smarter ways to power our future,” Bernard said.
TC Energy Corporation, a Canadian company behind the Keystone XL project, said earlier Wednesday that “advancement of the project will be suspended” in anticipation of Biden’s order.