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Ruthless Love

Biden to yank Keystone XL permit on first day of presidency

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President-elect Joe Biden will rescind the cross-border permit for TC Energy's Keystone XL pipeline on his first day in office, three sources confirm to POLITICO.

The move is billed as one of Biden’s Day One climate change actions, according to a presentation circulating among Washington trade groups and lobbyists, a portion of which was seen by POLITICO. The decision was not included in incoming chief of staff Ron Klain’s Saturday memo outlining Biden’s planned executive actions during the first days of his presidency.

Two lobbyists confirmed that Biden plans to yank the project's permit on Inauguration Day, a development first reported by CBC News. It's the latest development in a decade-long fight over the controversial pipeline and solidifies a campaign promise the Canadian government had hoped was negotiable.

"The only question has always been whether labor can stave off the death sentence," said one oil and gas lobbyist who requested anonymity because he wasn't authorized to speak to the press. "And they never had a chance."

A Biden transition spokesperson declined to comment.

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