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TransCanada suing U.S. for $15B over Keystone rejection

2016-06-27 16:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The company that proposed the Keystone XL pipeline is seeking $15 billion in damages from the federal government after the Obama administration rejected the Canada-to-Texas project, a company spokesman said Monday. TransCanada Inc. filed a request for arbitration Friday under the North American Trade Agreement, arguing that the State Department`s actions led the company to believe the project would win approval. President Barack Obama rejected a federal permit for the project in November, saying...

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