Blog

Fifty Six Reasons for Libertarians to Oppose the Keystone XL Pipeline

Fifty Six Reasons for Libertarians to Oppose the Keystone XL Pipeline
Profile photo of Mark Stobnicki

By its own count, the company currently has 34 eminent domain actions against landowners in Texas and an additional 22 in South Dakota.

http://www.nytimes.com/2011/10/18/us/transcanada-in-eminent-domain-fight-over-pipeline.html?pagewanted=all

Someone recently showed me a link to this video.

As is said around half a minute it, libertarianism is a defence of free markets, among other things, not big business. Libertarians always need to be stressing this point. There is a lot of confusion around it – and I suspect libertarians are somewhat guilty for that confusion. A contemporary example where libertarians can apply our beliefs is to the Keystone XL pipeline. We often point out the fact that alternative energy industries such as wind and solar receive government subsidies. That is true. But this applies just as much to oil and gas.

TransCanada Corporation maintains that its pipeline is privately funded.

That may be true, but it doesn’t quite cut it when you are suing 56 property owners for eminent domain. As Jonathan Mariano at TriplePundit puts it, eminent domain is akin to a government subsidy for a corporation.  Technically, no money is being taken from taxpayers and given to a private corporation as a subsidy. However, the use of eminent domain shares characteristics of a government corporate subsidy.

TransCanada needs to negotiate with every landowner for an easement. Daniel Plainview style. Landowners may charge high prices, but that is simply the cost of doing business.

 

 

  • Guest

    Exactly … market rates must dominate easement rights, not a corrupt Supreme Court decision. And besides, why should the US government drive the beneficial seizure of property for a foreign business entity?

Blog
Profile photo of Mark Stobnicki

Mark enjoys studying history, libertarianism, and spending time outdoors. He would love to be able to travel and spend time with good people. He welcomes all comments, criticisms, and questions.

More in Blog

The Real EU Aim in Brexit Talks and Why It Will Fail

Patrick BarronJuly 19, 2017
boc-300x225

One Fundamental Problem with the Bank of Canada

Caleb McMillanJuly 13, 2017
stephen-poloz1-300x225

Bank of Canada Raises Rates for First Time in 7 Years

Caleb McMillanJuly 12, 2017
5362386184_dc9f15bb9c_b

Who to Blame for the Toronto Housing Bubble?

Caleb McMillanJuly 11, 2017
trump

Trump’s Media Revolution

Taylor LewisJuly 11, 2017
canada

Canada 150 — 2 out of 3 ain’t bad

Caleb McMillanJuly 1, 2017
carolyn-wilkins

Don’t Rage Against the Machine, says Bank of Canada

Caleb McMillanJune 27, 2017

Why Sound Money Does Not Need a Central Bank, Only the Rule of Law

Patrick BarronJune 26, 2017
0629poloz-300x2251

BoC Pat on the Back

Caleb McMillanJune 19, 2017