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Article

29 May 2013

Author:
Democracy Center

New Report! Unfair, Unsustainable, and Under the Radar

In ‘Unfair, Unsustainable, and Under the Radar’, the Democracy Center sheds an urgent light on the system of international investment rules that is giving corporations the power to compromise countries’ sovereign right to regulate in the public good through a democratic process. We look at how the international investment rules system is being used to punish El Salvador for blocking poisonous gold mining, against Germany for stopping nuclear power, and to attack public health regulations for the tobacco industry in Uruguay. And we flag the next target for the system: government ability to regulate ‘fracking’. Unfortunately, wide knowledge of this system and how it works doesn’t really exist beyond a small collection of lawyers and advocates…[T]his report explains what seems to many a highly technical issue for a non-technical audience, and in so doing aims to help put a much wider public spotlight on this corporate power grab while there is still time to fight it. [Refers to Bechtel, Doe Run (part of Renco), Pacific Rim Mining, Philip Morris International]

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