Extract from “The Corporation Behind Keystone XL Just Laid Bare the TPP’s Threats to Our Climate”

The TPP would give foreign corporations like TransCanada the power to demand compensation for environmental policies that do not conform to their “expectations.” In other words, when the government takes an unexpected step to protect our air, our water, our economy, or the health of our families from dangerous projects like Keystone XL, corporations can ask a tribunal to order the government to pay. Indeed, TransCanada argues that it “had every reason to expect that its application [for the pipeline] would be granted.” The corporation states that its expectation was thwarted, and thus its special trade pact rights were violated, because the decision was made to “appease those who held a view on the environmental impact of the Keystone XL Pipeline.”

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