In a press release announcing the termination of the project, Francois Poirier, TC Energy's CEO, continued to laud the merits of the Keystone XL while expressing optimism at executing new projects: "Through the process, we developed meaningful Indigenous [groups'] equity opportunities and a first-of-its-kind, industry leading plan to operate the pipeline with net-zero emissions throughout its lifecycle. We will continue to identify opportunities to apply this level of ingenuity across our business going forward, including our current evaluation of the potential to power existing U.S. assets with renewable energy."

President Donald Trump used his second weekday in office to sign memorandums aimed at advancing the Keystone XL and Dakota Access pipelines, which pleased supporters of the projects and brought immediate condemnation from environmentalists and other opponents.




Keystone Pipeline Stocks To Buy