NewEnergyNews More: TPP – TOO BAD BAD FOR CLIMATE?

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  • Tuesday, October 6, 2015

    TPP – TOO BAD BAD FOR CLIMATE?

    Environmentalists: The Trans-Pacific Trade Agreement Is A Disaster For Climate Change

    Samantha Page, October 5, 2015 (ClimateProgress)

    “…[T]he United States and 11 other countries reached an agreement on the Trans-Pacific Trade agreement (TPP)…[that would] eliminate or reduce tariffs between Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam. But while it specifically addresses some environmental concerns — such as trade of illegally harvested resources or wildlife trafficking — climate change activists…say the TPP protects multinational corporations that profit from fossil fuels. Some have argued that under the TPP — as with the North American Free Trade Agreement — companies will be able to sue countries that enact laws to limit fossil fuel extraction or carbon emissions, if it interferes with profits. The deal also will lead to the rubber-stamping of export facilities for natural gas from fracking and will prevent the U.S. Trade Representative from ever including climate change action in trade deals…Environmentalists aren’t buying it…” click here for more

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