Greenpeace has published and plans to analyze leaked documents regarding the transatlantic free trade deal TTIP. The planned agreement has been a thorn in environmentalists’ side for quite some time.

The bottom line is that this whole thing is bad, bad, bad. Corporations can sue any government that has regulations that the people of that country voted for, but that might dig into the corpiration’s potential profits.

“Lawsuits like these are already happening under similar treaties, for example the North American Free Trade Agreement (NAFTA): In the 1990s, a tribunal ruled that the Mexican government needed to pay a US company $15.6 million because it did not grant permission to build a hazardous waste landfill.”

Source: TTIP: Free trade at expense of the environment? | Environment | DW.COM | 02.05.2016

No ratings yet.

Leave a Reply