Mozambique is in danger of being locked in to a fossil fuel future by corporate courts which can bully the government and override the local justice system #Africa #ISDS #FossilFuels
https://www.bilaterals.org/?billion-dollar-exposure-investor
#isds
Swiss mining giant Glencore is using #ISDS to prevent Columbia transitioning from fossil fuels and protecting indigenous Wayúu people, as well as the environment https://www.truthdig.com/articles/theyll-close-the-mine-but-it-will-cost-you/ #capitalism #ClimateChange
A further encroachment on national legal sovereignty by #ISDS corporate kangaroo courts https://theconversation.com/how-clive-palmer-is-suing-australia-for-300-billion-with-the-help-of-an-obscure-legal-clause-and-christian-porter-203111
Secretive court system poses threat to Paris climate deal, says whistleblower - https://www.theguardian.com/environment/2021/nov/03/secretive-court-system-poses-threat-to-climate-deal-says-whistleblower this would be #isds, which some of us warned about in 2013 - https://www.techdirt.com/articles/20130411/09574122678/investor-state-dispute-resolution-sleeping-monster-inside-free-trade-agreements-begins-to-stir.shtml pity nobody listened...
Fossil Fuel Companies Want Governments To Pay $18 Billion For Bringing In Laws Tackling The Climate Crisis Largely Caused By Fossil Fuel Companies - https://www.techdirt.com/articles/20210920/09324347599/fossil-fuel-companies-want-governments-to-pay-18-billion-bringing-laws-tackling-climate-crisis-largely-caused-fossil-fuel.shtml such lovely people... #isds
"Stunning: the existential scourge of professional 'denialism' (and a nice link with the #TPPA and its #ISDS tenets):" https://mastodon.nzoss.nz/@lightweight/106979329097917114
RMS: "Oil companies are using #ISDS clauses to demand huge penalties from countries that limit fossil fuel extraction. These treaties are not merely the enemies of democracy, they can destroy human civilization and the ecosphere. Allowing those companies to get what they demand would be worse than fighting a war to defeat them." https://stallman.org/archives/2021-may-aug.html#27_July_2021_(ISDS_clauses)
Outrage as Italy faces multimillion pound damages to UK oil firm - https://www.theguardian.com/business/2021/jul/25/outrage-as-italy-faces-multimillion-pound-damages-to-uk-oil-firm well, we did warn them this would happen... #ISDS
Even Juncker is against #ISDS in TTIP:
http://dia.so/Yw
But USA insists:
http://dia.so/Yx
Let them cut off! :-)
Stop #TTIP #CETA #TiSA: today in #Bologna (Italy) #NoTTIP Via Azzo Gardino 48 ore 20:30
