Biden cut 52,000 American jobs on his first day in office

0
27

Joe Biden’s executive order signatures are already beginning to show collateral damage. The most palpable example of this was in the elimination of 52,000 American jobs on the first day of his administration alone. That figure cannot be ignored in a country struggling with unemployment caused by the coronavirus pandemic.

With a stroke of the pen, the US president also caused the cut of millions of dollars in salaries, as a result of these actions. A result that came from one of the 17 executive orders that Biden signed this Wednesday.

The order to revoke the presidential permit for the Keystone XL pipeline extension project, a multimillion dollar project with private financing that spans the United States and Canada. According to reports from the Association of Oil Pipelines (AOPL) blocking this construction will cost 10,000 direct jobs in the United States. Similarly, it will take $ 2.2 billion in payroll out of the pockets of American workers.

The scope of the measure does not only go so far. An additional 42,000 indirect jobs are also being lost, according to a State Department study commissioned during the Obama administration, when Joe Biden was vice president.

In the same way, this step that slows the development of this cross-border initiative, currently under construction between Alberta (Canada) and Nebraska (USA), ironically, may lead to an increase in greenhouse gas (GHG) emissions. A concern that Biden himself has wanted to make seen as a priority, by returning to the Paris Climate Agreement, a return that will be effective in a month.

However, the AOPL made a clear argument: “The government’s analysis shows that gas pipelines emit less GHG when they deliver, compared to other modes of transport. Denying the construction of the Keystone XL pipeline means that much of that crude oil will travel by train or truck, producing higher GHG emissions, more air pollution and more traffic congestion.

The Keystone XL pipeline, if allowed, would transport crude from the Alberta oil sands to Nebraska, where it would connect to the existing distribution network to send the fuel to refineries in the Gulf of Mexico, National Review explained 

Upset from Canada and the US

With this executive order, Biden dissolved the permit issued by former President Donald Trump, who granted the license in 2019. TC Energy, formerly TransCanada Corporation, issued a statement and alluded that it is disappointed by this decision by the United States. In addition, he said that he will modify his financing plans.

The Canadian government could challenge this decision. It would be the next step for Prime Minister Justin Trudeau, a supporter of the project. Sputnik News reported that the Canadian will put pressure on the “highest levels” of the administration in an attempt to save the pipeline extension.

In the same way, the governor of Alaska, Mike Dunleavy, spoke out against the measure. In this regard, he explained that “Alaska conducts responsible development of oil and gas in the Arctic better than anyone. However, our economic future is at risk if this line of attack on our sovereignty and well-being continues, ”according to Alaska News .

LEAVE A REPLY

Please enter your comment!
Please enter your name here