3 sources·Politics

Trump Aims to Revive Controversial Keystone XL Pipeline Amid Complicated Challenges

President-elect Trump's effort to resurrect the Keystone XL pipeline faces significant hurdles despite his pro-oil agenda and Alberta's ambitions.

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Updated: Nov 25th, 2024, 6:58 PM ET

Summary

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President-elect Donald Trump intends to bring back the canceled Keystone XL pipeline as part of a pro-oil initiative. However, challenges abound, including the need for new permits, company interest, and a strong U.S. oil market. Concurrently, Trump’s administration is pushing the Energy Permitting Reform Act, which seeks to expedite energy project approvals but raises environmental concerns, particularly over water safety. Alberta's Premier Danielle Smith is exploring ways to boost pipeline capacity without direct subsidies, emphasizing partnerships with U.S. companies. The situation remains complex with legal and environmental hurdles to navigate.

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