This action is a huge blow to the tar sands overall, and if the other pipeline gets too many set backs the tar sands might actually fold from lack of investment.
I had literally zero hopes for Biden, and this is already a net good. Consider me surprised.
China's coming up on the plurality of industrial capacity globally, atm. They're also bringing their 1.4B person strong population into the first-world standard of living. It really will be in their hands going forward.