In a notable return to Obama-era policies, President-elect Joe Biden is reportedly planning to use executive power to cancel the federal permits needed to construct the Keystone XL pipeline in his first days in office.
The pipeline — a project intended to move oil from the Canadian province of Alberta to the state of Nebraska and estimated to create tens of thousands of jobs and billions of dollars in revenue — was repeatedly fettered over environmental concerns during the Obama administration when Biden was vice president.
President Barack Obama finally axed the advance of the pipeline in 2015, siding with environmentalists.
The move was derided by then-candidate Donald Trump, who in 2017 as president announced final approval for the pipeline, granting the necessary federal permits to TransCanada Energy, the company building the project.
