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Showing Original Post only (View all)Trans Canada to file $15 Billion NAFTA claim against US for Keystone XL rejection. [View all]
Last edited Wed Jan 6, 2016, 09:21 PM - Edit history (2)
http://www.transcanada.com/news-releases-article.html?id=2014960&t=CALGARY, ALBERTA--(Marketwired - Jan. 6, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today it has filed a Notice of Intent to initiate a claim under Chapter 11 of the North American Free Trade Agreement (NAFTA) in response to the U.S. Administration's decision to deny a Presidential Permit for the Keystone XL Pipeline on the basis that the denial was arbitrary and unjustified.
This is how agreements like NAFTA and TPP can force Americans to pay foreign corporations for our own environmental laws and policies. Remember, TPP is just days away from it's vote under the fast track law and NOBODY in the media is talking about it.
UPDATE: Sorry misread the original press release. It's a $15 Billion claim. Not 2.9 billion.
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/transcanada-files-lawsuit-over-keystone-pipeline-rejection/article28038526/
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Trans Canada to file $15 Billion NAFTA claim against US for Keystone XL rejection. [View all]
pa28
Jan 2016
OP
That is why they have Investor Dispute Resolution pannels. Judged by Corporate lawyers
Vincardog
Jan 2016
#8
Thank HRC's staff for that -- they put out the study with the guideline that the actual carbon of
karynnj
Jan 2016
#13
True -- however, if you considered that MORE of the tar sands oil would be extracted
karynnj
Jan 2016
#16
Because the report was rigged from the beginning by that assumption that no one who ever
karynnj
Jan 2016
#22
I assume that Obama might have approved it had the Secretary of Stare recommended
karynnj
Jan 2016
#24
Good luck with that TransCanada. Unless the US treated you differently because of your nationality
pampango
Jan 2016
#9
1) This is happening with or without the TPP passing; 2) "arbitrary and unjustified"
geek tragedy
Jan 2016
#14
Your first point is true, however the idea behind my OP was TPP will open the door wider.
pa28
Jan 2016
#19
Exactly. They ram TPP and NAFTA through, and thereafter pretend they are victims of it. It's all
GoneFishin
Jan 2016
#37
My opinion was always that rejecting Keystone XL was just play acting because a complaint would
GoneFishin
Jan 2016
#34