KXL owner demands $15B for “loss of expected profit”: The Climate Minute Podcast

Sometimes the zombie doesn’t stay dead. This week, TransCanada tried to re-invigorate the Keystone XL effort by extorting $15B from the US government under NAFTA rules. As Bill McKibben says, NAFTA is not a ‘global suicide pact,’ and the TransCanada suit is repugnant. The NAFTA rules are similar to the TPP rules and exemplify the risk of accepting the TPP as the law of the land.  If you like the idea of self-determination and national sovereignty, the TPP is problematic.

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Because we recognize the necessity of personal accountability for our actions, because we accept responsibility for building a durable future and because we believe it is our patriotic duty as citizens to speak out, we must insist that the United States put a price on carbon.

Thanks for listening.
…Ted McIntyre