In an attempt to shore up celebrity support for his bid for the presidency, former vice-president Joe Biden had promised to cancel the Keystone XL pipeline.
According to a report in the National Post, "Joe Biden’s campaign says the former vice-president will rip up President Donald Trump’s approvals for the Keystone XL pipeline if he takes over the White House next year."
First approved in 2008, at US$8 billion and 1947-kilometres in length, TC Energy claims Keystone XL "will be capable of safely delivering 830,000 barrels per day of crude oil from Hardisty, Alberta to Steele City, Nebraska where it will connect with TC Energy’s existing facilities to reach U.S. Gulf Coast refiners. The pipeline is expected to enter service in 2023."
Former Democrat President Obama, with the support of VP Joe Biden, formally blocked the project in 2015 to very little pushback from Prime Minister Trudeau.
However, Republican President Trump has approved permits for the project as part of his aggressive energy independence agenda for America.
The Biden campaign announcement against Keystone XL signals the Democrats continuation of their failed strategy of abandoning middle America blue collar jobs in favour of Hollywood and New York. Hillary Clinton famously avoided campaigning in rust belt states and told West Virginia coal miners she was going to put them out of work.
D-list celebrity Daryl Hannah has been rallying celebrities against the pipeline to Texas since the summer of 2011, leading protests and sit-ins in Washington.
At the time, Stephen Harper's Conservative government came out swinging against the Hollywood hypocrites.
"Criticism of the oil sands — and now the proposed Keystone XL pipeline — is a major concern for us, with implications for our energy industry, our economy and our energy security," Conservative Energy Minister Joe Oliver told a pro-business audience in Toronto on September 23, 2011, after more than 1,200 people were arrested along with Hannah in protests during the previous two months.
March 31, 2020, the Alberta provincial government announced an agreement to invest US$1.1 billion in the pipeline, in exchange for equity in the project, covering off planned construction costs until the end of 2020.
According to Global News, "the remaining US$6.9 billion is expected to be funded through a combination of a US$4.2-billion project level credit facility to be fully guaranteed by the Alberta government and a US$2.7-billion investment by TC Energy."