TC Energy is abandoning the Keystone XL pipeline, months after President Joe Biden suspended its construction permit. It marks the end of a 13-year battle between environmentalists and the energy sector. Environmental groups cheered on the decision to halt it. But the move marks a blow to Canada. The Canadian province Alberta spent over $1 billion on the project. Alberta’s premier Jason Kenney said in a statement, “We remain disappointed and frustrated with the circumstances surrounding the Keystone XL project, including the cancellation of the presidential permit for the pipeline’s border crossing.”
The world’s biggest meat processor, JBS, confirms it paid cyberattackers $11 million in ransom after an attack last week forced it to shut down. The CEO of JBS USA, Andre Nogueira, said, “This was a very difficult decision to make for our company and for me personally.” He said the payment was to protect their customers.
President Biden is in England Thursday, meeting with the prime minister on his first overseas trip as president. He has a packed schedule ahead. He outlined his trip, mentioning the G-7 (Group of Seven) summit, then a NATO ministerial, and finally meeting with Russia’s President Vladimir Putin to “let him know what I want him to know.”
Tune into Deep Dive as we explore these topics and more.