Biden’s Keystone Cancellation to Cost Taxpayers Billions?

Marc Nozell via Flickr (CC BY 2.0)

Joe Biden canceled the Keystone XL pipeline and now taxpayers could be on the hook to a Canadian firm for billions.

According to Town Hall:

On Friday, the company behind the project filed a Notice of Intent with the State Department, Office of the Legal Adviser, “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.”

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TC Energy is seeking over $15 billion due to the U.S. government’s “breach of its NAFTA obligations.”

In pulling the order, Biden said that “leaving the Keystone XL pipeline permit in place would not be consistent with my Administration’s economic and climate imperatives.”

According to Keystone XL, the construction project would have directly created more than 10,000 U.S. “high-quality jobs and local contracting opportunities.” A State Department study referenced by Fox News put the number even higher at 26,100 jobs with the inclusion of indirect jobs.

The administration has also been sued by a coalition of 21 states who argue that Biden could not unilaterally change policy set by Congress because he lacked authority.

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Elizabet h Estrada aka CHIAKIA

LISTEN UP…PREZ BIDEN and the DEMOCRATS like to SPEND MONEY NOT SAVE it. HE Puts ALL HIS EGGS in ONE BASKET and Has NO BACKUP PLAN. HOW is AMERICA Going to WIN a WAR with that STRATEGY???? SOME U.S. S OLDIERS Should Have STAYED in AFGHAN to KEEP TERRORISTS at BAY. I Will CONTINUE to Be ONE of PREZ TRUMP’S ADVISORS. GOD is on MY SIDE. From SamuraiQueen. 😄😄😄

james bolton
james bolton
27 days ago

god is too busy blessing globalists and globalist puppet $oro$ and globalist puppet democrat criminal party and globalist puppet rino criminal party and globalist puppet fbi CRIMINAL organisation and globalist media and globalist puppet, libby snow flake sheep AND altar boy raping priests .

jawad
jawad
26 days ago
Reply to  james bolton

Vladimir, STFU!!

james bolton
james bolton
27 days ago

globalists love their trillions of dollars and power but remain very ugly and unhappy pieces of crap .

John Miller
John Miller
27 days ago

Where in the world is this lack of continuity of leadership taking us? Would be better to prohibit Executive Orders than to have this yo yo-ing around?

Jeffrey Ahlin
Jeffrey Ahlin
27 days ago

The Keystone XL pipeline would have been far less polluting than all the other alternatives for purchasing and refining the oil from Canada. We must have a genius in the White House. In his first 100 days he has made America go from Energy Dependence (Exporting Oil) to Energy Dependence (Importing Oil). I don’t think voters could even envision such a tremendous feat; let alone gasoline @ $5 to $10/ gallon!

Gene Ralno
Gene Ralno
26 days ago

In all fairness, our Imbecile-in-Chief didn’t cancel the pipeline. He cannot remember how to tie his shoes. A fleet of handlers funded by an international billionaire cabal did it. Forget about blaming anything on the current executive branch. Trace the benefits to the beneficiaries to find the cause. For example Buffett is raking billions now that the pipeline has been canceled. It’s the same story whenever democrats seize power.

Kbar
Kbar
26 days ago

Biden/ Harris Administration is deliberately trying to destroy America!! People, wake the hell up and put a stop to this Evil Corrupt Party of Destruction!!

Daughter of Patriots
Daughter of Patriots
26 days ago

Buyden – you and the Ho are are total disgrace to our country AND the human race!!!! You SHOULD be in jail – Hunter’s exploits, threatening other countries for $$ on your part, being a racist and misogynist, and smelling little girls’ hair!!!! YUCK!!!! And – as for the Ho – just WHERE were you born??? Like BO – you seem to change the story to suit your purpose!!! Are you really a natural-born American to American parents??? I seriously doubt it!!!!

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