Politics

Keystone Pipeline Developer Seeks $15 Billion in Damages Over Biden’s Decision to Cancel Project

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The developer of the Keystone Pipeline is taking legal action to fight back against the Biden administration’s Inauguration Day order to cancel the project as part of its efforts to combat climate change.

TC Energy, a Canadian company, announced in a news release that it had filed a notice of intent to bring a claim against the Biden administration under the North American Free Trade Agreement.

“TC Energy will be seeking to recover more than US$15 billion in damages that it has suffered as a result of the U.S. Government’s breach of its NAFTA obligations,” the release stated.

“The Notice of Intent was filed with the U.S. Department of State.”

This course of action is completely justified. President Joe Biden’s reckless decision to scrap the pipeline killed over a thousand jobs on the spot.

The project had the potential to provide even more work for blue-collar workers. TC Energy estimated up to 11,000 jobs would have been created if the project had been followed all the way through.

Yet Biden claimed in his executive order that “the Keystone XL pipeline disserves the U.S. national interest.”

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