On the 14th of August, the Sierra Club, CCAN, Public Citizen, and other groups held another community forum on the ugly coming together ot the Trans-Pacific Partnership (TPP), fracking, and planned export of fracked gas.
It really comes down to this: If the TPP passes, no jurisdiction in any signatory country will have the legal right to restrict ANY business practice unless they are willing to risk being sued in an international trubunal of corporate lawyers for every penny of potentional lost profits. In other words, if the TPP passes and MD bans fracking, any gas or oil company with an office in any other signatory country can demand to frack, then sue for the entire profits the fracking operation might have made.
The Sierra Club, CCAN, and Public Citizen believe the key to stopping the TPP is to prevent "fast track" or "trade promotion authority" from passing in the US Congress
In: Other News
Tags: dcdirectactionnews, Maryland, fracking, TPP, Trans-Pacific Partnership, NAFTA, free trade, free trade agreements
Location: Bethesda, Maryland, United States (load item map)
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