Keystone Pipeline, Symbol to Oil’s Foes and Friends, Is Now Dead
- Canada-U.S. pipeline is dropped by its developer, TC Energy
- Opposition to drew celebrities, helped boost climate movement
Pipes for the Keystone XL pipeline stacked in a yard near Oyen, Alberta, Canada, on Jan. 26.
Photographer: Jason Franson/BloombergThis article is for subscribers only.
TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that became a litmus test for climate activism and was blocked by President Joe Biden.
Calgary-based TC Energy said in a statement it had formally terminated the project after consultation with the government of Alberta in Canada. It had already suspended construction on the pipeline earlier this year, after Biden revoked a presidential permit for the project.