12:31 GMT +323 September 2019
Listen Live
    A depot used to store pipes for Transcanada Corp's planned Keystone XL oil pipeline is seen in Gascoyne, North Dakota.

    TransCanada Lawsuit 'Unable to Reverse' Keystone Pipeline Rejection

    © REUTERS / Andrew Cullen
    Get short URL

    The TransCanada Corporation lawsuit against US Secretary of State John Kerry will not overturn President Barack Obama’s refusal of the construction of the Keystone XL pipeline, US advocacy group Greenpeace USA Researcher Jesse Coleman told Sputnik on Friday.

    WASHINGTON (Sputnik) – On April 18, US District Court for the Southern District of Texas proceedings will begin in the case of TransCanada Corporation against US Secretary of State John Kerry for Obama’s denial of the Keystone XL pipeline.

    “Fortunately, it seems that even if TransCanada succeeds, President Obama's decision would not be reversed,” Coleman said.

    On Wednesday, TransCanada filed a Notice of Intent to initiate a claim under Chapter 11 of the North American Free Trade Agreement (NAFTA) after Obama denied the pipeline. The company seeks to recover over $15 billion in damages.

    “This lawsuit is a desperate attempt to circumvent the laws and regulatory processes of the United States,” Coleman stated. He added that lawsuits like TransCanada’s were perfect examples of companies trying to circumvent US environmental laws.

    Coleman also noted that the US should be wary of signing trade deals like the Trans Pacific Partnership agreement that empower corporations to sue governments over environmental policies that polluting industries do not agree with.

    On November 6, Obama rejected construction of the Keystone pipeline, which was expected to bring more than 300,000 barrels of oil daily to US refineries. Proponents argued that the Keystone initiative would create jobs and reduce US dependency on foreign oil imports from unstable countries.


    Proceedings Over TransCanada Lawsuit Against Kerry to Begin April 18
    TransCanada Seeks to Recover Over $15 Bln After US Rejects Keystone
    TransCanada Pins Hope on Republican US President to OK Keystone XL - NGO
    Keystone XL Pipeline, TransCanada Corporation, United States
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik