Transcanada’s Keystone XL Suit illustrates problem with TPP, Free Trade fantasies

The Trans Pacific Partnership (TPP) is a secret trade agreement that will adversely affect the environment, worker’s rights, cost of medicines, internet freedoms, food safety, intellectual property rights and indigenous rights. Friends of the Earth Australia (FoEA) has long warned that the Investor State Dispute Settlement (ISDS) chapter in the TPP agreement will potentially allow corporations to override our domestic laws and enable foreign corporations to sue our Government if we implement policy and legislation that may impact the ‘future profitability’ of a corporation…”Earlier this week, Canadian pipeline company TransCanada gave notice that it intends to sue U.S. government for over $15 billion under NAFTA(North American Free Trade Agreement) Chapter 11 in response to the U.S. Administration’s decision to deny a permit for the Keystone XL Pipeline.

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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