1.18.2021

Joe Biden may cancel the Keystone XL Pipeline on his first day of office

Joe Biden may cancel the Keystone XL Pipeline on his first day in office

The TC Energy Corp has announced the plan for its Keystone XL Project to reach zero emissions when it is placed into service.

The Transition documents indicates Joe Biden will end the Keystone XL Project Project as soon as he is sworn in as the USA President revoking a construction permit granted in 2019 by Donald Trump.

The TC Energy said in a statement on Sunday that it plans to remove the Impact of the Greenhouse Gas emissions from the Keystone XL operations.

However, The TC Energy said the net Zero Emission will be achieved when the Pipeline is placed into service in 2023 by buying the renewable energy from electricity providers and if it is not available it will purchase the renewable energy credits or carbon Offset.

TC Energy is also committing that additional renewable sources along the pipeline’s route will be developed by 2030, phasing out any potential need for renewable energy credits or carbon offsets, and once its completed the Keystone XL expansion is expected to carry up to 830,000 additional barrels a day of diluted bitumen from Alberta’s oilsands to refineries along the U.S. Gulf Coast.

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