The owners behind the Keystone XL Pipeline are seeking $15 billion in compensation from the U.S. government after Democrat Joe Biden’s administration canceled the project. TC Energy Inc. is demanding the Biden admin compensates the company for money already spent developing the canceled pipeline. Following a 13-year dispute lasting three presidential administrations, Biden killed the pipeline earlier this year, citing climate change. TC Energy filed a claim in one of the largest international trade disputes ever made against the United States, according to a Nov. 22 press release. The dispute is being watched by corporations and in government on both sides of the U.S.–Canada border. … Continue reading →
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