Biden Keystone Decision Is One U.S. Will Eventually Regret
At first glance, President Joe Biden's executive order revoking the 1,200-mile Keystone XL pipeline cross-border permit may seem to be a symbolic bone throw to the environmental community. After all, the once cause célèbre pipeline project is much less economically viable now than when it launched 12 years ago and oil was at $100 per barrel. But quashing Keystone XL matters in two underappreciated and important ways.
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