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VANCOUVER — Teck Resources Ltd. says it’s withdrawing its application for a massive oilsands mining project just days ahead of an expected government decision, citing the political discourse over climate change.

The company says it will take a $1.13 billion writedown on the Frontier project in Alberta.

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In a letter to the federal environment minister, Teck CEO and President Don Lindsay says investors and customers increasingly want jurisdictions to have a framework in place that reconciles resource development and climate change.

He says that “does not yet exist here today,” and that the growing debate around the issue has placed Frontier and the company “squarely at the nexus of much broader issues that need to be resolved.”

The proposed $20.6 billion project was expected to create an estimated 7,000 construction jobs, 2,500 operating jobs and about $12 billion in federal income and capital taxes, but was also expected to produce about four million tonnes of greenhouse gas emissions per year over 40 years.