Firm that owns Keystone XL pipeline launches $15 billion lawsuit against Biden admin

Arguably one of President Biden’s most controversial moves since taking over the White House was the announcement that his administration canceled the permits to allow the Keystone XL pipeline to operate, which immediately killed thousands of high-paying, skilled-labor jobs.

According to the Washington Examiner, it appears as if the Biden administration will have a monumental legal challenge ahead of them, as it was announced this week that the company that owns the pipeline has filed a $15 billion lawsuit against the administration. 

The pipeline’s owner, TC Energy, argues that the Biden administration breached NAFTA obligations in its decision to cancel the 1,200-mile pipeline.

TC Energy attacks

The company released a statement explaining its decision to mount such a large lawsuit against the Biden administration, making clear in the statement that the cancellation of the pipeline was a massive mistake that affects Americans around the country.

“We are a vital part of everyday life — delivering the energy millions of people rely on to power their lives in a sustainable way,” the company wrote.

“TC Energy will be seeking to recover more than $15 billion in damages that it has suffered as a result of the U.S. Government’s breach of its NAFTA obligations,” the company said, adding that the cancellation ultimately cost American workers roughly 48,000 good jobs.

Richard Prior, president of the Keystone XL pipeline, publicly criticized the Biden administration after the decision was made to cancel the project.

“I believe this will send a concerning signal to infrastructure developers that resonates far beyond our project and will stifle innovation for a practical transition toward sustainable energy,” Prior said at the time, as the Examiner noted.

It’s not the first lawsuit

TC Energy’s announcement comes in the wake of a large contingent of states who filed suit against the Biden administration for the cancellation of the pipeline project, basing their argument on the fact that they believe such a decision should have been made by Congress, and not a president’s administration, as Forbes reported.

A total of 21 Republican-led states filed the joint lawsuit — states that stood to benefit from the sheer amount of labor and support industries that would have been employed to assist in the construction of the Keystone XL project.

“His decision to revoke the pipeline permit is not only unlawful but will also devastate the livelihoods of thousands of workers, their families, and their communities,” Texas Attorney General Ken Paxton said earlier this year after the lawsuit was filed.

Only time will tell if Biden and his administration will be shielded from the string of massive lawsuits by the courts, or if they’ll face consequences that could ultimately result in the reinstatement of the project. Hopefully, for the hard-working men and women who were counting on the project’s continuance to fee their families, it’s the latter.

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