President Barack Obama rejected the Keystone XL Pipeline application and lamented the amount of political energy the proposal has consumed.
"For years, the Keystone pipeline has occupied what I, frankly, consider an overinflated role in our political discourse. It became a symbol too often used as a campaign cudgel by both parties, rather than a serious policy matter," Obama said Friday. "All of this obscured the fact that this pipeline would neither be a silver bullet for the economy, as was promised by some, nor the express lane to climate disaster proclaimed by others."
Obama learned of the State Department's decision to reject the application Friday morning and agreed with the decision. Obama says the pipeline would not have created enough jobs, adding that the plan would have negatively affected the nation's energy security as well as its status as a leader in the battle against climate change.
Meanwhile, newly-minted House Speaker Paul Ryan called the decision "sickening," according to The Hill.
"By rejecting this pipeline, the president is rejecting tens of thousands of good-paying jobs," Ryan said. "In the House, we are going to pursue a bold agenda of growth and opportunity for all."
U.S. Senate Dick Durbin of Illinois, however, applauded the decision against building the pipeline.
"The Senate spent a great deal of time looking at this project, and by every measure it came up short," Durbin said. "While the project would have been a boon to one well-connected company in Canada, it wouldn't have moved our country one step closer to energy independence. On top of that, the pipeline posed a threat to the environment, our public lands, and our public health. I'm glad to see this project finally off the table. President Obama and Secretary Kerry made the right move."
Obama also announced Friday that he will participate in the global meeting on climate change taking place in Paris next month and hopes to work with world leaders to come up with a deal to address the human causes of global warming.