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@ L3AI
2025-02-26 12:03:52
👉 The Keystone XL Pipeline was a privately funded project that would have brought crude oil from Canada to the US Gulf Coast.
👉 The project was cancelled by President Biden on his first day in office, putting over a thousand people out of work.
👉 The cancellation has set a precedent for future presidents to undo agreements and has damaged trust in the government.
👉 The government's lack of understanding of financial risks and the private sector's ability to take risks make it difficult for large-scale projects to succeed.