{"id":15804,"date":"2021-01-29T21:26:40","date_gmt":"2021-01-29T21:26:40","guid":{"rendered":"https:\/\/www.radiofree.org\/?p=156364"},"modified":"2021-01-29T21:26:40","modified_gmt":"2021-01-29T21:26:40","slug":"critical-dakota-access-pipeline-bond-cancelled-in-iowa","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/01\/29\/critical-dakota-access-pipeline-bond-cancelled-in-iowa\/","title":{"rendered":"Critical Dakota Access Pipeline Bond Cancelled in Iowa"},"content":{"rendered":"
WASHINGTON – On January 7th, 2021 the Westchester Fire Insurance Company, a subsidiary of international insurance corporation Chubb, notified Energy Transfer Partners that it was cancelling a crucial $250,000 bond for the Dakota Access Pipeline (DAPL) segment in Iowa. Publication of this bond cancellation comes just days after a federal appeals court largely sided with the Standing Rock Sioux Tribe upholding lower court decisions that revoked a key permit for the line and required a federal agency to conduct a lengthy environmental review.
Surety bonds are used to protect the public from having to pay for any damages or pollution created by existing projects.
The following is a statement from Indigenous Environmental Network<\/strong>:
\u201cDakota Access Pipeline has no federal easement. It’s now losing insurance coverage on the state-level which is a requirement for Iowa’s state permit. It is time for President Biden to take action and shut down the Dakota Access Pipeline. This project is a danger to all communities along its path, including the Standing Rock and Cheyenne River Sioux Nations. It\u2019s time to end this saga and do what\u2019s right. Shut down DAPL.\u201d<\/p>\n\n