It would have brought a million barrels of toxic tar-sands sludge oil across the length of our nation, through wetlands and communities. President Obama wisely rejected it.
Only now you and other American taxpayers may have to pay for that common-sense decision.
TransCanada is demanding that American taxpayers pay them $15 billion in compensation. They’re using the “investor-state dispute system” that’s in NAFTA – just like the one in the Trans-Pacific Partnership
It allows corporate polluters to attack our environmental and safety laws in private courts stacked in their favor. These companies think protecting clean air and water is a trade barrier. If TPP passes, they will be able to sue any time we manage to pass not just environmental legislation, but anything they believe might hurt their bottom lines. And we’ll be on the hook when they win in their sham corporate-biased dispute system established by the TPP.