ISDS allows foreign investors to sue our Government

Investor-State Dispute Settlement

Podcast on trade, environment and mining companies suing governments to challenge environmental laws

Wednesday March 20, 2019: Lucy Manne interviews AFTINET Convener Dr Patricia Ranald on the impacts of trade agreements on the environment. They discuss the growing use of ISDS cases by mining companies to sue governments for millions of dollars to prevent regulation to address climate change, and the global movement against this.

Hear the full podcast here.

Clive Palmer’s empty threat still shows dangers of foreign corporate rights to sue governments

January 23, 2019: Yesterday the ABC reported that Clive Palmer has moved ownership of his company to New Zealand, claimed to be an NZ company, and threatened to use an Australia-New Zealand trade agreement to sue Australian taxpayers for $45 billion because he claims the Western Australian government intends to pass legislation that would disadvantage his company.

The legal clause which could allow Adani to sue Australia

17 December 2018: AFTINET convener Dr Patricia Ranald writes in the Guardian on the risk that Adani could sue our government for millions through Investor-State Dispute Settlement (ISDS), should their mining licence be cancelled by a future government. 

Yet another example of why Labor should implement its policy against ISDS in all trade agreements, and remove it from current deals like the TPP.

Coal mining company uses ISDS to sue Canada for phasing out coal fired power stations

22 November 2018: Investment Arbitration Reporter has reported this week that US company Westmoreland Coal has filed a claim against the Canadian Government under the North American Free Trade Agreement (NAFTA), because they anticipate profit loss when the province of Alberta phases out coal generated electricity.

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