TC Energy canceled construction on the Keystone XL pipeline January 20 after President Biden revoked the presidential permit for the $8-billion project as one of his first actions after taking office.
The Canadian company says it will review Biden’s decision, assess its implication and consider its options. Additionally, the decision will result in the layoff of thousands of union workers and end the company’s commitment, announced Jan. 17 along with the North America Building Trades, to build in renewable energy sources to "achieve net-zero emissions across the project operations"