The company behind the Keystone XL pipeline announced on Wednesday June 9th that it’s officially scrapping the project after President Biden nixed a border-crossing permit for it.

From The Hill

TC Energy said that after “a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project.”

Biden argued that the proposed oil pipeline “disserves” the U.S. national interest and that “leaving the Keystone XL pipeline permit in place would not be consistent with my Administration’s economic and climate imperatives.”