TransCanada launches lawsuit, NAFTA challenge against Keystone rejection

Posted by Bonham Journal: None Given on January 9th, 2016
Bonham Journal: TransCanada filed a federal lawsuit Wednesday in Houston alleging President Barack Obama's decision in November to kill the pipeline exceeded his power under the U.S. Constitution. They say the case announced Wednesday, in which TransCanada Corp.is seeking arbitration to recover $15 billion tied to the Obama administration's rejection of Keystone, shows how companies could use provisions of the proposed Trans-Pacific Partnership trade agreement to challenge government decision making. All the......

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