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Biden pushing to cancel Keystone XL pipeline as soon as he takes office: reports

President-elect Joe BidenJoe BidenSchumer vows to advance two-pronged infrastructure plan next month Biden appoints veteran housing, banking regulator as acting FHFA chief Iran claims U.S. to lift all oil sanctions but State Department says 'nothing is agreed' MORE is reportedly planning on canceling the permit for the $8 billion Keystone XL pipeline on his first day in office.

The Canadian Broadcasting Corporation (CBC) first reported the news on Sunday after it obtained an apparent briefing note from Biden’s transition team. On the list of executive actions meant for Biden’s first day in office "Rescind Keystone XL pipeline permit" reportedly shows up.

As the outlet notes, Biden indicated months ago that he planned on canceling the pipeline, though supporters of the project had been hoping he would change his mind. The project crosses over the U.S.-Canada border and has the support of the Canadian government.

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"The Government of Canada continues to support the Keystone XL project and the benefits that it will bring to both Canada and the United States," Canadian Ambassador to the U.S. Kirsten Hillman said in a statement.

"Not only has the project itself changed significantly since it was first proposed, but Canada's oilsands production has also changed significantly. Per-barrel oilsands GHG emissions have dropped 31 per cent since 2000, and innovation will continue to drive progress."

Biden's transition team did not immediately respond when asked about the report.

In response to the report, Sen. Bernie SandersBernie SandersSenators say White House aides agreed to infrastructure 'framework' Briahna Joy Gray: Biden is keeping the filibuster to have 'a Joe Manchin presidency' On The Money: Biden to fire FHFA director after Supreme Court removes restriction | Yellen pleads with Congress to raise debt ceiling MORE (I-Vt.) wrote, "The Keystone pipeline is & always has been a disaster. I'm delighted that Joe Biden will cancel the Keystone permit on his first day in office. With all of the major crises facing America, we must never lose sight of the most existential threat facing our planet: climate change."

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The controversial project has faced several protests from environmentalists and Native Americans since it was first proposed more than a decade ago. In April, a district judge in Montana ruled against the pipeline and canceled a key permit.

TC Energy, the company behind the pipeline, had sued the U.S. government before President TrumpDonald TrumpIran claims U.S. to lift all oil sanctions but State Department says 'nothing is agreed' Ivanka Trump, Kushner distance themselves from Trump claims on election: CNN Overnight Defense: Joint Chiefs chairman clashes with GOP on critical race theory | House bill introduced to overhaul military justice system as sexual assault reform builds momentum MORE assumed office but dropped the effort after Trump was elected, the CBC noted.

A legal expert who spoke with the outlet said that if TC Energy launches a similar lawsuit, the success would depend on whether investors decide to stay on the project.