As a result of old Uncle Joe’s decisions, U.S. taxpayers may have to pay a penalty of about $15 billion to the Canadian company slated to build the Keystone XL Pipeline. The Canadian company is looking to go after damages in the wake of Democrat President Joe Biden cancelling the pipeline in order to win brownie points and push his far-left energy agenda.
the company in question, TC Energy, issued an announcement this past month that they were being forced to scrap their project because Uncle Joe revoked the permit that was required to complete the pipeline. As noted by Fox Business, a study issued from the State Department discovered that the pipeline would have created 26,100 indirect and direct jobs for the market.
In yet another announcement, TC Energy stated that it had “filed a Notice of Intent 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,” the company stated in the release. “TC Energy will be seeking to recover more than US$15 billion in damages that it has suffered as a result of the U.S. Government’s breach of its NAFTA obligations.”
Said Notice of Intent has been filed with the U.S. Department of State.
Back in May, a group of almost two dozen state attorneys general filed a lawsuit slated against Uncle Joe’s administration specifically for cancelling the pipeline, stating that he had grossly exceeded his presidential authority.
The attorneys general made the argument that Biden had exceeded his authority due to “a provision Congress tucked into tax legislation in 2011 that required then-President Barack Obama to either approve the pipeline within 60 days or issue a determination that it wasn’t in the national interest,” as reported by NBC News. “Obama then rejected TransCanada’s (now TC Energy Corp) application weeks later, saying Congress gave him insufficient time, but allowed the company to re-apply, which deferred the decision until after his re-election. Obama later rejected the application, President Donald Trump approved it, and Biden revoked the approval.”
The states that are part of the suit against Uncle Joe include Texas, Montana, Alabama, Arizona, Arkansas, Georgia, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Utah, West Virginia, and Wyoming.
In part, the lawsuit states:
Revocation of the Keystone XL pipeline permit is a regulation of interstate and international commerce, which can only be accomplished as any other statute can: through the process of bicameralism and presentment. The President lacks the power to enact his “ambitious plan” to reshape the economy in defiance of Congress’s unwillingness to do so. To the extent that Congress had delegated such authority, it would violate the non-delegation doctrine. But Congress has not delegated such authority: It set specific rules regarding what actions the President can take about Keystone XL and when. The President, together with various senior executive officials, violated those rules. The action should be set aside as inconsistent with the Constitution and the Administrative Procedure Act, 5 U.S.C. §§ 500, et seq.