Banks| Policies| Dodgy Deals| Campaigns
About us| Blog| Publications| Successes| Contact us| Donate
About BankTrack
Visit us
Organisation
Our team
Our board
Guiding principles
Team up with us
Our annual reports
Funding and finances
History
BankTrack in the media
Our privacy policy
Donate
2022-06-02 00:00:00
GFANZ must tighten the screw on fossil fuel expansion
2022-05-19 00:00:00
BNP Paribas and Société Générale: stop financing climate destruction and human rights abuses
2022-05-04 00:00:00
Barclays is big on beef and burning
2022-05-04 00:00:00
Standard Chartered’s 2022 AGM dominated by shareholder alarm over fossil financing
2022-05-20 15:14:47
Seven financiers abandon TotalEnergies' EACOP pipeline in a week
2021-12-16 13:33:02
Cambo oil field "paused" following pressure on Shell & banks
2021-12-16 13:04:42
Equator Principles improve transparency after BankTrack shows the way
2021-11-02 11:03:26
ANZ launches human rights grievance mechanism in a first for the global banking sector
Connect
2022-04-05 00:00:00
The BankTrack Human Rights Benchmark Asia
2022-03-30 00:00:00
Banking on Climate Chaos 2022
2022-03-08 00:00:00
BankTrack Annual Report 2021
2022-03-03 00:00:00
Locked out of a Just Transition: fossil fuel financing in Africa
2021-12-14 00:00:00
Actions speak louder: Assessing bank responses to human rights violations
2021-10-26 00:00:00
Equator Compliant Climate Destruction: How banks finance fossil fuels under the Equator Principles
See all publications
Browse
Home
Banks
Policies
Dodgy Deals
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook
Twitter Fossil Banks No Thanks Twitter Fossil Banks No Thanks Instagram
Affiliate Websites
Fossil Banks No Thanks
StopEACOP
Forests & Finance
Banks & Biodiversity
Drop JBS
Bank of Coal
Don't Buy into Occupation
Home › News
New report reveals ‘Dirty Business' practices of TransCanada pipelines
Oil company is bullying farmers and skimping on safety in push to build mega-pipeline for tar sands oil across America's heartland
Start
Dodgy Deals

By: FOE US- Kelly Trout and Alex Moore
2011-04-28
Washington

Contact:

Kelly Trout
Alex Moore

 


Share this page:

Go to:
Start
Related Dodgy Deals

A report released today by Friends of the Earth reveals the nefarious business practices of TransCanada Pipelines, whose controversial proposal to pump tar sands oil across the American Midwest is currently under review by the Obama administration. 

Dirty Business: How TransCanada Pipelines bullies farmers, manipulates oil markets, threatens fresh water and skimps on safety in the United States documents underhanded and risky tactics employed by TransCanada in pursuing the Keystone XL tar sands oil project. These dirty practices include threatening U.S. farmers and ranchers along the proposed route of the pipeline, dodging safety concerns, and scheming to manipulate U.S. oil markets to drive up corporate profits. TransCanada has done all this while currying political influence behind the scenes to get approval of the pipeline.

"TransCanada has shown a pattern of abuse and deception," concluded Alex Moore, dirty fuels campaigner at Friends of the Earth and a co-author of the report. "The environmental dangers of this dirty oil project-from increasing air pollution to contaminating drinking water supplies-were alarming enough. Now Americans learn TransCanada appears more interested in trying to mislead the U.S. government and intimidate and seize land belonging to farmers than it is in answering serious questions about safety."

TransCanada's business practices are facing increasing scrutiny in Congress. Two weeks earlier, Senator Ron Wyden (D-Ore.) called for a Federal Trade Commission investigation into the company's efforts to manipulate U.S. oil markets.

TransCanada's exploits have already made the company infamous in rural areas that would be crossed by the proposed Keystone XL pipeline. In Nebraska, "Stop the TransCanada Pipeline" lawn signs are a common sight along its planned route. Typically oil-friendly East Texas has become a hotbed of resistance, with citizens organizing a coalition and hotline to fight the pipeline and share information about company abuse. Dozens of landowners have also taken their fight against TransCanada to the courts.

"While TransCanada is bullying its way through Middle America, it seems to think it can get its way with the Obama administration by hiring high-priced insider lobbyists and hiding its goal of manipulating oil prices. I hope President Obama and Secretary Clinton will not be so gullible. They should reject this unnecessary and dangerous pipeline," added Moore.

Recent developments make this closer look at TransCanada appropriate. Earlier this month, the Department of State released a Supplemental Draft Environmental Impact Statement (SDEIS) for the controversial Keystone XL pipeline and a public comment period will end June 6.  Local communities have asked the State Department to extend the comment period and to hold public hearings so they can review the agency's findings and share their experiences dealing with TransCanada. 

 

###

Friends of the Earth is fighting to defend the environment and create a more healthy and just world.  Our current campaigns focus on promoting clean energy and solutions to climate change, keeping toxic and risky technologies out of the food we eat and products we use, and protecting marine ecosystems and the people who live and work near them.

Go to:
Start
Related Dodgy Deals

Related Dodgy Deals

Projects

There are no projects active for this item now.
on record

Keystone XL pipeline United States

Pipeline Transportation of Crude Oil
Browse
Home
Banks
Policies
Dodgy Deals
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook
Twitter Fossil Banks No Thanks Twitter Fossil Banks No Thanks Instagram
Affiliate Websites
Fossil Banks No Thanks
StopEACOP
Forests & Finance
Banks & Biodiversity
Drop JBS
Bank of Coal
Don't Buy into Occupation
Vismarkt 15
6511 VJ Nijmegen
The Netherlands

Tel: +31 24 324 9220
Contact@banktrack.org
©2016 BankTrack                Webdesign by BankTrack and EASYmind
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted