A quick note: by cancelling #KeystoneXL Pres Biden will not reduce GHG emissions since the pipeline was intended to move existing production.

Rather, the alternatives to #KXL will generate higher emissions, at higher risk, while pulling billions from Canada's economy #abpoli
Reducing pipeline capacity will make the railways the big winners with the US Mid-West refiners coming a close second as they will continue to get Canadian oil on the cheap. The loss of optionality, meanwhile, will cost Can/AB heavily in loss of tax and royalty payments #canpoli
To sum it up: cancelling #KXL is a massive windfall for US refiners and rail interests; a loss to provincial and federal coffers; will increase the GHG intensity of the oil; and will increase the risk to rail communities. But it is "symbolic" so that is a "good thing" I suppose..
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