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New Report: TransCanada's $15 Billion USD Case Reveals Reckless Trade Provisions


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New Report: TransCanada's $15 Billion USD Case Reveals Reckless Trade Provisions

WASHINGTON/BRUSSELS - Today, Friends of the Earth Europe, the Sierra Club, and 11 other groups from the European Union, United States, and Canada released “Oil Corporations Vs. Climate: How investors use trade agreements to undermine climate action,” a new report that highlights how TransCanada Corporation is planning to use rules in the North American Free Trade Agreement (NAFTA) to ask a private tribunal to order the U.S. government to pay more than $15 billion of taxpayers’ money as “compensation” for the rejection of the Keystone XL pipeline.

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