Financial Post

WASHINGTON — The White House says it intends to quietly kill off a forthcoming bill aimed at approving the controversial Keystone XL pipeline.

A spokesman for U.S. President Barack Obama has reaffirmed that the White House plans to veto the bill, passed earlier this month by the Republican-controlled Congress.

Congress plans to send the bill to the president on Tuesday, at which point Obama has 10 days to veto it by sending it back to Congress without his signature.

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A spokesman for Obama says that’s exactly what he’ll do — and he’ll do it discreetly without making a public event out of it.

The veto will be a blow to the pipeline’s prospects, but not necessarily a fatal one.

The final White House decision on Keystone XL is expected soon, in a separate regulatory process controlled by the president.

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