Last year, Mr. Biden, the president’s of United States revoked Keystone XL pipeline permit issued by the previous administration. This is likely to affect Canada’s energy plan and Canadian Economy. Your task will be to address the following research questions: 1. Briefly describe Keystone XL pipeline project. 2. How the cancellation of Keystone XL pipeline project is going to affect Canada’s energy plan or energy use? (e. g., does Canada need another pipeline to meet it’s domestic energy demand?) Explain. 3. Does environmental benefits of the cancellation of Keystone XL pipeline project outweigh the economic loss? [Note. Use the concept of environmental economics to discuss this and resources you get from external sources (e.g. website) with references]
