perryman report

Fri, 2012-01-27 18:40Brendan DeMelle
Brendan DeMelle's picture

Greenpeace Calls On SEC To Investigate TransCanada’s Inflated Jobs Claims

Greenpeace USA President Phil Radford sent a formal complaint this week to the Securities and Exchange Commission (SEC) calling for an investigation into TransCanada’s use of wildly inflated jobs figures in promoting its application to build the Keystone XL tar sands pipeline. The letter asks the SEC to review the false and misleading claims made by TransCanada on a number of matters related to the pipeline. Greenpeace recieved confirmation from the SEC that the complaint had been referred to its Division of Enforcement.

Although President Obama rejected the company’s first proposal to build the Keystone XL tar sands pipeline, industry-friendly Republicans continue to push for its construction, often citing vastly inflated jobs figures. The Perryman Report commissioned by TransCanada is the source of much of the bogus pipeline jobs information. 

Despite the fact that the State Department and independent reviews definitively debunked the claims to “20,000 jobs” and even “hundreds of thousands of jobs” tied to the Keystone XL project, the lie lives on like a zombie, parroted by the echo chamber led by the U.S. Chamber of Commerce, API’s Jack Gerard, and of course Mitt Romney and the GOP.

This lie must be stopped or it will continue to contaminate the public discourse.


The Greenpeace SEC letter [PDF] states:

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