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TC Energy’s US$15B Keystone XL claim thrown out by trade tribunal

  • TC Energy's US$15 billion claim for damages due to President Biden's cancellation of the Keystone XL pipeline permit was rejected by a free trade arbitration tribunal.
  • The International Centre for Settlement of Investment Disputes tribunal ruled in favor of the U.S., stating that under the old NAFTA rules, TC Energy's claim was not permissible.
  • Biden's revocation of the permit post-NAFTA terminated period prevented TC Energy's claim under the legacy provisions of the old trade agreement.
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28 Articles

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Global NewsGlobal News
+5 Reposted by 5 other sources
Lean Left

TC Energy’s US$15B Keystone XL claim thrown out by trade tribunal

TC Energy Corp.'s ill-fated Keystone XL pipeline has suffered a major blow after a trade tribunal decision that tossed out its claim to US$15 billion in damages.

·Toronto, Canada
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CTV NewsCTV News
+15 Reposted by 15 other sources
Center

TC Energy's US$15B Keystone XL claim thrown out by trade tribunal

TC Energy Corp.'s ill-fated Keystone XL pipeline has suffered a major blow after a trade tribunal decision that tossed out its claim to US$15 billion in damages.

·Canada
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National Observer broke the news in Canada on Tuesday, July 16, 2024.
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