Energy company wants Biden administration to pay it $15 billion for blocking the Keystone XL pipeline

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TC Energy Corporation, the company that developed the Keystone XL pipeline project, is seeking to recover over $15 billion in damages from the US, claiming the US government breached its free trade obligations when it revoked the permit for the project

The energy company announced in June that it is pulling the plug on the controversial Keystone pipeline project after the Biden administration revoked the permit on the president's first day in the White House. The announcement ended more than a decade of controversy over the pipeline, marking a win for environmentalists who argued the project would worsen the climate crisis.

" The project, which aimed to carry oil from the tar sands of Canada into the United States, has been the subject of controversy for years, igniting conversations about environmental, political and social justice issues. The end of the Keystone XL project could push environmentalists to pressure Biden to end other projects, including Line 3 and the Dakota Access pipeline.

 

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Sure. After they pay back the U.S. government for back-taxes they owe; pay the true cost of their oil spills, & agree to no longer receive any tax subsidies.

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