US President Barack Obama rejected the proposed Keystone XL oil pipeline from Canada in a victory for environmentalists who have campaigned against the project for more than seven years.
"The pipeline would not make a meaningful long-term contribution to our economy," Obama told a press conference on Friday.
He said Keystone XL would not reduce gasoline prices for drivers and that shipping "dirtier" crude from Canada would not increase US energy security.
The denial of TransCanada Corp's more than 800,000 barrels per day project will make it more difficult for producers to develop the province of Alberta's oil sands.
It could also put the US in a stronger position for global climate talks in Paris that start on November 30 in which countries will aim to reach a deal to slow global warming.
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