One of the main purposes of free trade deals is to protect legitimate corporate activity from political expediency. On that basis, TransCanada’s proposed US$15 billion NAFTA claim against President Barack Obama’s rejection of its Keystone XL pipeline would appear as big a “no brainer” as the pipeline’s approval was once claimed to be by Stephen Harper.
Keystone XL was thrown under the bus of Obama’s egotistical climate “legacy,” as the man who single-handedly rolled back the oceans and healed the earth. The rejection was also his sacrificial offering to the monstrously hypocritical climate conference in Paris.
Then again, NAFTA arbitrators have also ruled in a number of cases that governments obviously retain the power to legislate for the “public good,” which is nowhere both more ideological and nebulous than when it comes to the climate issue.
Peter Foster -Financial Post – January 7, 2016.
Want More Investigative Content?
a firm ruling on this in favor of #clinate will seal fate of most FF pipelines!