Energy company wants US$15 billion from the Biden administration 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 more than US$15 billion in damages from the United States, claiming the US government breached its free trade obligations when it revoked the permit for the project.

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.

To recover economic damages from the project's cancellation, TC Energy on Friday filed a Notice of Intent with the U.S. State Department to initiate a legacy NAFTA claim under the United States-Mexico-Canada Agreement, the company said in aWhen the permit cancellation was announced, TC Energy warned that it would "directly lead to the layoff of thousands of union workers."

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.

The news of TC Energy suing the U.S. government came right before a leaky gas pipeline burst in the Gulf of Mexico, causing a fire in the body of water. "We're just not treating [climate change] like the planetary emergency it is," Emily Atkin, founder of the Heated newsletter and MSNBC contributor, told CNN's Chief Media Correspondent Brian Stelter on "Reliable Sources" Sunday. "Right now, everyone should be a climate reporter," she said. "And if you're not a climate reporter right now, you will be, whether you realize it or not.

 

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No wonder they all want to get a pipeline on the go.

Fair enough. Meddling in free Enterprise comes at a cost. Capitalism consequences.

Whether you think this pipeline should be built or not, a government’s word (or contract or executive order) has to count for something. Or why would anyone do business with them?

Absolutely not

Please retract the words “tar sands” and insert the proper words, oil sands. This type of inflammatory wording is why msm in Canada has become less believable.

Probably a few more lawsuits. Canada needs to sue as well.

heck yeah make JoeBiden pay usa uspopli topoli cdnpoli onpoli

*Company put cart before horse banking on pipeline before fully authorized, points fingers demanding compensation.

When reporters call the oil sands, tar sands you know you're getting biased misinformed reporting.

The indigenous people want our land back because all the colonizers in power fu**ked it up…

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