Antinuclear

Australian news, and some related international items

Trans Pacific Partnership’s Investor-State Dispute Settlement [ISDS] provisions bad for environment

text-TPP-Avaaz-petitionTrans-Pacific Partnership bad for the environment, green groups say October 7, 2015  Environment Editor, The Sydney Morning Herald  “……Greens Senator Peter Whish-Wilson said the Investor-State Dispute Settlement [ISDS] provisions of the pact will allow large corporations to challenge any efforts to tighten environmental regulation.

“This is a watershed moment for the Liberals and the mining industry in their continuing assault against environmental protections in Australia,” Senator Whish-Wilson said. “ISDS will provide a massive chilling effect against improvements in environmental law at a local, state and federal level.”

Kelly O’Shanassy, chair of the Australian Conservation Foundation, said it was “a very silly idea to lock in restrictions to future policy in this country”.

Corporations could now have a look at a proposed policy change and if it threatened their ability to make profit, they would go to the courts as they did to oppose the Gillard government’s plain packaging laws to curb tobacco marketing.

“It could be the plain packaging fiasco for climate change,” Ms O’Shanassy said.

With the Paris climate summit now looking increasingly likely to fall short on locking in sufficient cuts to greenhouse gas emissions to limit global warming to 2 degrees, governments will need to make regular revisions of their targets beyond this year’s summit.

The TPP is likely to limit nations’ ability to take those necessary additional steps, she said: “It means governments won’t be bold and ambitious as they should be.”http://www.theage.com.au/environment/transpacific-partnership-bad-for-the-environment-green-groups-say-20151006-gk2bga.html#ixzz3o10RNuqa

October 9, 2015 - Posted by | AUSTRALIA - NATIONAL, environment, politics, politics international

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