Canada is hamstrung by a little-known NAFTA clause that packs a huge climate punch and gives the US first access to most of Canada’s oil and natural gas.
The “trade war” points our leaders away from what they should be focused on — climate change and peace — and it distracts everyone from the larger overall problems with this global trade regime.
The logic to Trudeau’s action may lie in an obscure and overlooked 2014 agreement to ensure China got a pipeline built
Research shows that mining and energy industries are the most frequent users of Investor-State Dispute Settlement mechanisms.
We urgently need a new trade regime which can help address global challenges and tackle problems like accelerating climate change, a broken agricultural model and loss of trust in democratic processes.
Lobbyists in Washington are using the deal’s rewrite to advance a broad legislative agenda making it easier for US companies to build factories, move cargo and export coal.
DBAR ICoE-Bangkok is one of eight such centres around the world. It will leverage Earth observation and big Earth data from satellites and other sources to support decision-makers in the implementation of projects related to the Belt and Road Initiative and managing risks associated with climate change.
The EU’s top trade official released a plan examining how the bloc can make sure the sustainable development chapters in its trade deals can be applied more effectively.
It is possible to effectively integrate the Paris Agreement into new trade deals, including CETA and the upcoming JEFTA with Japan.
The United States would be excluded.
A new trade agreement between the EU and Canada is expected to increase bilateral trade by USD 14 billion.
The emphasis on production and international consumption could greatly increase the need for agricultural land in Latin America, and result in a major increase in deforestation of the Brazilian Amazon and Cerrado, and Argentine Chaco.
8 draft chapters, as leaked by Greenpeace
Many serious environmental concerns are not addressed at all.
Much of the problem can be traced to bilateral investment treaties and investment rules embedded within broader trade pacts.
France’s parliament is expected to ratify the CETA trade deal with Canada around the second half of 2018, French Environment Minister Nicolas Hulot told reporters. But he made it clear that this will include “climate veto” powers.
TPP, like other global trade treaties, fails to acknowledge climate change or include mechanisms to curb it.
How will CETA benefit Canadian oil and gas product exporters?
To transform NAFTA from a polluter-friendly deal into one that supports environmental protection, any renegotiation must include, at a minimum, these eight changes.
Upcoming free trade deals with biofuel-producing countries in Asia and South America will undermine the European Union’s goals to decarbonise the transport sector.