TransCanada to take on U.S. government over Keystone XL rejection

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A legal battle is going ahead between TransCanada and the American government over the Keystone XL pipeline.

TransCanada is seeking more than 15 billion dollars in compensation from the U-S government under the North American Free Trade Agreement.

It’s over last year’s rejection of Keystone.

The Calgary-based company made a complaint in January, but it says talks with the government failed to reach an amicable settlement.

TransCanada contends the U-S government concluded numerous times that the pipeline would not have a significant impact on greenhouse gas emissions but rejected the project to appear strong on climate change.

It alleges that, as a signatory to NAFTA, the U-S government failed in its commitment to protect Canadian investors and ensure the company was treated in accordance with international law.

The U.S. has never lost a challenge under the North American Free Trade Agreement.

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