Biden’s reported plans to kill Keystone XL pipeline alarm Canadian officials

President-elect Joe Biden is considering canceling the cross-border permit for TC energy’s Keystone XL pipeline -- and Canadian officials are worried.

The project is slated to move 830,000 barrels of crude oil daily from the province of Alberta to Nebraska, but it's been reported that cancellation of this $9 billion project is one of Biden’s Day One climate change actions. A source close to the Biden administration and the pipeline project told Fox News, "Biden folks were weighing the decision on the manufacturing jobs numbers, but clearly needed to give an early win to the environmentalists on his team." The same source went on to say the pipeline company and trade union partners have stepped up their messaging around the environmental offsets with the pipeline moving forward with a net zero emission standard.