New Generation Trade blog

A call for trade that protects the new generations coming to this beautiful planet.


Corporate Profits Ruled More Valuable Than Dolphin Lives

WTO Rules Against Dolphins – This week’s WTO ruling against a measure to protect dolphins does not reflect the interests of the new generations coming to this beautiful planet. The World Trade Organization (WTO) declared that a labeling program, which allows consumers to identify and choose tuna not implicated in the death of dolphins, is unfair to corporations. The labeling was initiated in the nineties to protect schools of dolphins from being swept into nets during tuna catches. Originally, the program helped decrease their deaths by 97% but was watered down to comply with previous trade rulings. The new labeling program became voluntary for companies and was rejected as illegal in trade law this week.

Protecting Dolphins Called Discriminatory –The WTO, the world’s legal advisory body for free trade, said the dolphin protection measure was discriminatory to business, and a technical trade barrier. If the US keeps the program, the WTO advised Mexico, the complainant country, to impose trade sanctions. This is another example of how the so-called efficiency of the market does not reflect the true value of things, like dolphins, nor synchronize with the values of the public, like honouring the lives of precious species. The dolphin decision follows upon last month’s NAFTA ruling in favour of a corporation over an ecosystem home to endangered whales. The decision to protect this aquatic area was also called discriminatory to business interests.

Trade at All Costs — The market has no capacity to respond to sadness over dolphin slaughter. It only has tools to respond to numbers. Should it be in charge of decisions that are environmental or social? Despite appearances, this is not an Atwood dystopia but simply expected results in the context of present trade rules. As the WTO and ISDS rulings stack up across the globe, there appears to be no area of public interest 100% safe from trade’s imposition on behalf of big business. Whether dolphins, whales, solar panels, or smoking prevention, the free market trade model is unable to respond to social or environmental concern. Modern trade as designed now has one capacity: to protect profit of corporations at all costs.

An economic system distant from public belief but intimate with our lives — This is an economic system that denies basic protections for dolphins in a time when so many care about biodiversity. For dolphins, whales, all endangered species and the inheritance of our children and theirs, let’s shine a light on this type of trade. It is not another symptom, but in fact a foundational structure for exploration if we wish to create the world we want. We can create global treaties that legally protect ecosystems and allow business to prosper, but we need more interests at the trade policy table. As trade has moved into every area of public life, it’s time the dialogue is public. Read about the rising movement for the Rights of Mother Earth, potent medicine for corporate trade. Let the law-makers rise, pressed by you and yours, to protect our most valuable inheritance, the great blue planet and all her creatures!

Further Reading:

http://www.citizen.org/documents/press-release-wto-dolphin-safe-tuna-april-2015.pdf

http://therightsofnature.org/

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ISDS Should Go the Way of the Dinosaur for Threatening Marine Life

Another ISDS Ruling to Punish for Environmental Protections… Last week’s blog explored the latest ISDS lawsuit against Canada under NAFTA, another loss for global environmental protections. A US corporation’s proposal to greatly enlarge an extraction operation, near the Bay of Fundy, Nova Scotia, was rejected by Canada because of multiple ecosystem, species and livelihood risks. The trade tribunal sided with the corporation and the company seeks $300 million compensation from Canadians for loss of anticipated resource profits.

Quarry Region Full of Life… Digby’s Neck, Nova Scotia, a fifty-eight kilometre peninsula connected to the Bay of Fundy, is home to at-risk whales and marine life: Atlantic Salmon, Blue Whales, Leatherback Turtles, including the endangered North Atlantic Right Whale. The region is also a migratory stop for millions of birds like Harlequin Ducks and the Common Loon, and breeding ground for numerous species. The area’s economy is based in eco-tourism. The joint provincial-federal panel felt after detailed study, gathered from environmental assessment and local input, that the proposal did not reflect core community values.  With the length and scope of the extraction, including a water terminal to ship the basalt through the Bay to the States, it was unclear how serious economic-ecological risk could be adequately avoided.

A Corporate Court System… Across the globe, in places as diverse as Australia, Germany, Columbia, South Korea and Digby’s Neck, un-elected, for-profit ISDS lawyers are ordering countries to pay compensation to corporations for not fostering profits expected through trade deals. Nick Dearden, director of Global Justice Now, labelled this a “corporate court system”. Last week, a trade tribunal of three corporate lawyers (one of whom disagreed) fined Canadians for the their government’s attempt to protect an at-risk watershed instead of giving a rock contract to the US company, Bilcon. The term corporate court system is applicable.

Verdict: ISDS Irrepairable…  Trade justice is about protecting ecosystems from corporate trade tribunals that circumvent national and local environmental protections. We would be wise to re-evaluate an international court system that limits our ability to protect species and evaluate disputes only for the side of private profit. Trade that is truly for the next generation, would take steps to protect at-risk species for all of us, and the little people not yet on the planet. Trade whose goal was enhancing value in communities, now and into the future, would not punish governments for achieving their duty of protecting community interests.

The Dinosaur… The walk of the dinosaur is about 150 million years longer than what humans have achieved so far. If we intend to lengthen our stay, we need a far more balanced plan of international law than one designed to protect the profits of transnational corporations at the expense of ecosystems, species, and human-culture communities. With its legalization of profit-at-all-costs, ISDS puts the human species at risk.

Further Reading: Global Justice Now

http://www.globaljustice.org.uk/blog/2015/mar/25/if-you-want-know-why-ttip-would-be-nightmare-look-what-just-happened-canada