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TransCanada files $15 bn suit over US Keystone pipeline rejection

2016-06-26 20:25:00| Climate Ark Climate Change & Global Warming Newsfeed

AFP: TransCanada has formally filed a $15 billion suit against the US government for blocking its controversial project for an oil pipeline linking Canada with the Gulf of Mexico, legal documents show. The company first announced its intention to sue in January, but then sought negotiations toward "an amicable settlement of the dispute" surrounding the Keystone XL pipeline, according to legal documents posted on its website. Unable to settle, the company formally filed suit late Friday, asserting...

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