President Obama said Friday his administration will reject the controversial TransCanada Keystone XL pipeline project, saying it “would not serve the national interests of the United States.”
Obama said the pipeline took an “overinflated role” in the political discourse during a nearly 7-year battle, saying the pipeline is neither a “silver bullet” for the economy nor an “express lane to climate disaster.”
The President also said Secretary of State John Kerry informed him the plans would not serve U.S. “national interests,” and he agreed.
He delivered the news in an address at the White House after a meeting with Kerry.
This post has been updated.
