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Money for Nothing? TransCanada Blew $1.3 Million on Federal Lobbying for Keystone XL in 2011

Posted: 01/26/2012 4:08 pm

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TransCanada, the pipeline company pushing the recently rejected Keystone XL project, spent $410,000 on federal lobbying during the last three months of 2011 - a new quarterly high for the company.

The total is $20,000 more than TransCanada spent in the previous quarter and nearly double the $220,000 it spent in the second quarter of 2011. Altogether, the company paid $1.33 million on lobbying in D.C. last year.

The lobbying total is small considering what was at stake. TransCanada was seeking State Department approval of the proposed 1,702-mile-long Keystone XL pipeline. The $7 billion project would have connect Canadian tar sands deposits to Texas refineries.

On Jan. 18, President Barack Obama denied the company's permit request. But the company quickly vowed to reapply, which suggests its surge of lobbying spending may continue in 2012.

TransCanada officials met with Republican lawmakers Monday to push for the pipeline. House Speaker John Boehner (R-Ohio) even had "folks from Keystone management as his guests at last night's [State of the Union speech]," according to Brookings Institution's Stephen Hess.

Republican Rep. Lee Terry of Nebraska has proposed legislation to streamline approval of TransCanada's next application. The North American Energy Access Act (H.R. 3548) would move authority for Keystone XL from the State Department to the Federal Energy Regulatory Commission - even though FERC's director of energy projects said at a hearing this morning that his agency lacks the authority to regulate pipelines.

Boehner has also considered reviving the pipeline fight by linking the project's approval to the upcoming payroll tax cut extension.

As the Center for Public Integrity has reported, TransCanada had already been lobbying heavily for the pipeline project in D.C. and Nebraska, the state most concerned about possible leaks. The pipeline would have crossed directly through Nebraska's environmentally sensitive Sandhills region.

The project continues to draw protests from environmentalists, primarily because of concerns about climate change. Refining gasoline from tar sands produces more climate warming greenhouse gases than processing conventional crude oil.

Continue this story and read more investigations at iWatch News

 

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WI Patriot
Defending the Constitution.
12:06 PM on 01/27/2012
That's chump change - public unions spend 5 times that corrupting democrats in my state alone to try to get their healthcare corporation written back into collective bargaining and siphon public funds.


The Top 10 Lobbying Organizations, as ranked by dollars spent, so far in the 2011-2012 Session have been:

1. Wisconsin State AFL-CIO, 2,251 hours, $2,302,171
2. Wisconsin Education Association Council, 9,370 hours, $2,062,716
3. AFSCME Council 11, 3,306 hours, $1,228,811
4. AFSCME International, 10,631 hours, $694,422
5. AT&T Wisconsin, 4,167 hours, $439,745
6. Badger Advocates, Inc., 1,458 hours, $253,917
7. Wisconsin Medical Society, 1,851 hours, $253,770
8. Wisconsin Counties Association, 2,354 hours, $233,081
9. Wisconsin Automobile & Truck Dealers Association Inc., 1,470 hours, $227,729
10. Wisconsin Energy Corporation, 614 hours, $219,506
http://gab.wi.gov/node/2025
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HUFFPOST SUPER USER
muck-raker
give me liberty or give me death
11:18 AM on 01/27/2012
Here is Cornell Univ findings...not so many jobs. Saudi-Aramco gets the profits refining. It was established early on that China was to get the gasoline unless the USA wanted to bid on it.....
so what does USA get from all of this LIABILITY when the pipeline LEAKS...there have been 12 leaks already in N.W. extension
The project budget that has a direct impact on U.S. employment is between $3 and $4 billion or about half of what industry claims.
50% or more of the steel pipe, the main material input used for Keystone XL, will be manufactured outside of the U.S.
Jobs will be temporary and between 85-90% of the people hired to do the work will be non-local or from out of state.
The Perryman study, which estimates around 119,000 (direct, indirect and induced) jobs is a poorly documented study commissioned by TransCanada.
Job losses would be caused by additional fuel costs in the Midwest, pipeline spills, pollution and the rising costs of climate change. Even one year of fuel price increases as a result of Keystone XL could cancel out some or all of the jobs created by the project.
the bottom line that a few rich elites will get all of the profits... http://www.ilr.cornell.edu/globallaborinstitute/research/Keystonexl.html
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artleads
Let's have a national retreat.
07:53 PM on 01/26/2012
The money spent so far is nothing to Koch and other pipeline supporters. Expect much more to come.