Keystone Xl Projects: Reactions Trail U.S Move On Critical Oil Exports For Canada – Report

It All Started From The Paris Agreement; A Deal Legally Binding International Treaty On Climate Change. It Was Adopted By 196 Parties In Paris, On December, 12, 2015 And Entered Into Force On November 4, 2016.

According To UN Climate Change Website Its Goal, Is To Limit Global Warming To Well Below 2, Preferably To 1.5 Degrees Celsius, Compared To Pre-Industrial Levels.

To Achieve This Long-Term Temperature Goal, Countries Aim To Reach Global Peaking Of Greenhouse Gas Emissions As Soon As Possible To Achieve A Climate Neutral World By Mid-Century.

On The First Day Of Joe Biden As America’s 46th President, The US President Signs His First Official Documents Next To Vice President Kamala Harris After Both Were Officially Sworn Into Office At The US Capitol One Of Which Is Revoking Permit Of Keystone Xl Pipeline Project.

Meanwhile Trans-Canada TC Energy Had Earlier Halted Keystone Xl Pipeline Project Suspending Work In Anticipation.

The 1,700-Mile Pipeline Would Carry Roughly 800,000 Barrels Of Oil A Day From Alberta To The Texas Gulf Coast, Passing Through Montana, South Dakota, Nebraska, Kansas And Oklahoma.

First Proposed In 2008, The Pipeline Has Become Emblematic Of The Tensions Between Economic Development And Curbing The Fossil Fuel Emissions.

The Obama Administration Rejected It, But President Donald Trump Revived It And Has Been A Strong Supporter.

Canadian Prime Minister Justin Trudeau Raised Keystone Xl As A Top Priority When He Spoke With Biden In A Phone Call In November 2020. The Project Is Meant To Expand Critical Oil Exports For Canada, Which Has The Third-Largest Oil Reserves In The World. Trudeau Says He’s “Disappointed” With Biden’s Decision To Block Keystone Xl Pipeline Project

Circumstances Surrounding The Keystone Xl Project Has Forced The Energy Firm To Present A New Vision For — An Infrastructure Project That Will Serve As The Gold Standard For Sustainable Development, While Delivering The Energy North Americans Need, Now And In The Future, In A Socially Responsible Manner And To The Highest Safety And Environmental Standards, According To Its Website.

However, Canada-U.S. Trade War won’t Help Oil Sector, Natural Resources Minister Says During Keystone Xl Debate.

With Prospects Of Sanctions which is Expected To Follow The Move By The United States, Canadian Minister Rebuffs Calls To Impose Sanctions Over Keystone Xl Cancellation But Insists, Some Government Officials And Keystone Workers Inaction And Posing As Anti-Environmentalist Is Partly Responsible For Biden’s Action.

With Over One Hundred Billion Dollar Cross Border Trade with The United States, Canada Is U.S Biggest Energy Export Destination. And Supports Thousands Of Jobs In Both Sides Of The Border.

Workers Are Upset And React That The Project Is Dead After Biden Revokes Permit.

While, Many Politicians And Residents In The Region Support The Pipeline, Because It Will Allow Them To Ship Shale Oil Being Extracted, Environmentalists, As Well As Some Ranchers And Other Landowners Along The Proposed Route Oppose The Project. They Argue It Will Make It Harder For The U.S To Shift Away From Fossil Fuels.

Americans, On The Whole, Support The Pipeline. A Pew Research Center Poll Released Last Spring Found 66 Percent Of Americans Back The Project, As Opposed To 23 Percent Who Oppose It.