Last week, the company that proposed the construction of the Keystone XL Pipeline, TransCanada, filed legal challenges to the United States’ rejection of the project. One of the lawsuits will seek more than $15 billion in damages.
In November, President Obama vetoed the pipeline despite approval from both the House and the Senate. The administration claimed the project would undermine the efforts made by the U.S. to reach a global climate agreement, a core tenant of Obama’s so called environmental legacy.
TransCanada said in a statement that the company has “been unjustly deprived of the value of its multi-billion dollar investment by the U.S. Administration’s actions. As the administration candidly admitted, its decision was not based on the merits of the project. Rather, the denial was a symbolic gesture based on speculation about the [false] perceptions of the international community regarding the administration’s leadership on climate change.”
Suffice it to say, North Dakota state representatives aligned themselves with TransCanada’s reasons for filing the suits, placing the blame solely on the Obama Administration. In a statement, Sen. John Hoeven said, “Unfortunately, the president’s arbitrary decision to turn down the Keystone XL pipeline means we do not have this important energy infrastructure project under construction, or the jobs and other benefits that go with it…”
He added, “The president denied the Keystone XL pipeline permit, even though Congress approved it on a bipartisan basis, all six states along the route approved it and the American people overwhelmingly support it.”
Congressman Kevin Cramer shared similar sentiments. In a statement, he said, “The President’s short-sighted decision to reject construction of the Keystone XL Pipeline cost us a vital energy infrastructure project which would have created thousands of jobs and billions of dollar in economic benefits throughout the country.”
He continued, “Unfortunately, given Canada’s recent track record in suing the United States, I am afraid the American taxpayer will be left holding the bag for billions in penalties because of President Obama’s extreme environmental agenda.”