Critics say the companies are weaponizing provisions to siphon money from public budgets that are already stretched.
Trump thought us you can cancel these kind of arrangements at any time with barely any consequences. These guys might lose their toys quickly if they push it.
The ‘Arbitration’ system is a Weapon of Mass Economic Destruction, owned by Private Global Capital and used against Nation States everywhere
Because we don’t subsidize them enough.
Ahead of an official side event at the United Nations Climate Change Conference in Antalya, Türkiye, campaigners on Thursday released an analysis of UN data regarding secretive deals within trade agreements aimed at protecting the profits of corporations, including fossil fuel giants, which have now claimed at least $443 billion from the legal provisions.
Investor-state dispute settlements (ISDS), which allow corporations to sue governments over their investments and profit losses as the result of laws and regulations, have increasingly been used by the fossil fuel industry as countries have started taking action to regulate planet-heating oil and gas emissions, according to data from the UN Conference on Trade and Development (UNCTAD).
Investor-state dispute settlements (ISDS), which allow corporations to sue governments over their investments and profit losses as the result of laws and regulations, have increasingly been used by the fossil fuel industry as countries have started taking action to regulate planet-heating oil and gas emissions
I’ll take “literally the most evil laws possible” for 800, Alex 🤬
Damn, what’s the $1000 law?
No, not the fossil fuel giants. Say it isn’t so!