Keystone Pipeline Co. Taps Lobbyist Brother of Biden Adviser (1)

  • TC Energy Corp. hired lobbyist Jeff Ricchetti in January
  • Biden halted oil pipeline work right after taking office

(Update in fifth paragraph with response from TC Energy Corp.)

A lobbying firm run by the brother of White House counselor Steve Ricchetti has signed the Canadian-based company behind the Keystone XL pipeline project, which President Joe Biden effectively halted upon taking office.

Jeff Ricchetti, who runs Ricchetti Inc., will be lobbying on behalf of TC Energy Corp., regarding “legislative issues affecting energy infrastructure, the safe and efficient transportation of natural gas,” according to a disclosure form recently filed with the Senate.

The presidential permitting for the pipeline to link oil sands in Canada to U.S. refiners was approved by the Trump administration after previously being rejected by President Barack Obama. On his first day in office, Biden issued an executive action revoking the Keystone XL pipeline’s cross-border presidential permit. The pipeline has drawn strong criticism from environmentalists but is backed by the energy and construction industries as well as the Canadian government.

Photographer: Jason Franson/Bloomberg via Getty Images
Pipes for the Keystone XL pipeline stacked in a yard near Oyen, Alberta, Canada, on Jan. 26. President Joe Biden revoked the permit for the energy pipeline hours after his inauguration.

Read More:Biden Revokes Keystone XL Pipeline Permit to Cross U.S. Border
Read More:Biden’s Keystone XL Cutoff Shocks Town Where Population Doubled

Ricchetti Inc.’s lobbying for TC Energy, formerly TransCanada Corp., also includes working on issues related to ”liquids energy, renewable electricity policy, and alternative fuel sources like renewable natural gas and hydrogen,” the disclosure says.

“Jeff Ricchetti is part of a diverse team of advisors that provide strategic advice and counsel to our company on a wide range of energy issues,” said Marc Palazzo, vice president of U.S. stakeholder relations for TC Energy, in a statement to Bloomberg Government.

Jeff Ricchetti has previously declined to directly lobby his brother, who co-founded the firm with him in 2001, several people who worked with him told CNBC.

The firm earned $1.2 million in 2020, according to a Bloomberg Government analysis of Senate records. It signed two other clients, including Amazon.com Inc., in after the November election.

Other top clients include the Association For Advanced Life Underwriting, pharmaceutical company GlaxoSmithKline PLC, and Applied Materials Inc., which produces equipment and software to make semiconductors.

Steve Ricchetti has been a longtime adviser to Biden and was chairman of his 2020 presidential campaign.

To contact the reporter on this story: Megan R. Wilson in Washington at mwilson@bgov.com

To contact the editor responsible for this story: Bennett Roth at broth@bgov.com

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