Following Joe Biden’s decision to scrap the Keystone XL Pipeline project – a construction initiate green lit by the Trump administration in the hopes to secure America’s energy independence – the Canadian company behind the project is demanding America pay up.
After bending a knee to the far-left, Biden abandoned the pipline project, and Canada is expecting its retribution. But who ultimately will have to pay the $15 billion price tag for the administration’s blunder? Th U.S. taxpayers, that’s why.
TC Energy announced last month that they were scrapping the project because revoked the permit needed to complete the pipeline. Non-partisan analysis reported that the pipeline would have created more than 30,000 jobs directly and indirectly for the U.S. economy.
TC Energy announced last week that they would seek to reclaim the funds unused by the abandoned construction project. They announced a filing under the United States-Mexico-Canada Agreement brokered by the Trump administration to recover the economic damages lost as a result of the revocation of the Keystone XL Pipeline project. The total amount TC Energy plans to reclaim exceeds $15 billion in damages that the company suffered as a result of a failed NAFTA agreement, and eventually the USMCA agreement — all thanks to Biden’s revocation of the Presidential Permit.
Earlier this year, nearly two dozen state attorneys general filed a lawsuit against the Biden administration for canceling the pipeline, claiming that he exceeded his authority as President of the United States.
The attorneys general argue that Biden exceeded his authority because “of a Congressional provision in the 2011 tax bill that required then-President Obama to give approval on the pipeline within 60 days or issue an official denial to Congress. Obama rejected TC Energy Corp’s application weeks later. The energy company reapplied after Obama’s reelection, which was denied again. Trump eventually approved the permit, which is Biden quickly revoked upon entry into the White House.
The states that are suing Biden include:
- North Dakota,
- Ohio, Oklahoma,
- South Carolina,
- South Dakota,
- West Virginia,
You an read the full lawsuit here:
Biden has even faced criticism from his own party for his far-left energy agenda as some Democrats have noted that pipelines are the safest way to transport oil while others have noted that Biden’s decision will their hurt their state.
Author: Sebastian Hayworth