Everything was going great guns until *Resident Biden pulled the plug.
Now? The company behind the pipeline is pointing out a few violations and asking for compensation.
From TC Energy:
TC Energy commences NAFTA claim following revocation of Keystone XL Presidential Permit
TC Energy Corporation announced today it has filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit.
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.
$15 Billion is not chump change - this is about $50 for every taxpaying man woman and child in the United States. Waste and mismanagement like that adds up quickly. Good on them - I hope that this becomes a very public persuit. Not only the lost jobs, the lost revenue, the lost tax money. Not to mention that the oil is going to flow anyway and without a pipeline, it will be carried in Warren Buffet's rail cars. How much is he paying *Resident Biden to make this happen?
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