Andrea Germanos writes:

“The Canadian company behind the canceled Keystone XL pipeline filed a formal request for arbitration this week under the North American Free Trade Agreement to seek over $15 billion in economic damages over the Biden administration’s revocation of the cross-border oil project’s permit.”

As climate activist Ben Lilliston points out:

“NAFTA’s legacy of granting multinational corporations special rights to sue governments taking action to protect the environment lives on,” he wrote. “Action on the climate crisis will require trade reforms, including killing these investor provisions.”

Read more: KXL Pipeline Company Exploits NAFTA Provision to File $15 Billion Claim Against US