WTO ruling against India's protections for solar industry increases concerns about Trans-Pacific Partnership
"The WTO Gave Environmentalists A New Reason To Oppose The TPP"
On Wednesday, the WTO, the international body that enforces trade law, said that India’s solar power subsidy violated trade rules. The program -- which has helped India’s solar industry get off the ground and become one of the fastest growing in the world -- required new projects be built with parts made in India. Despite India’s argument that the local product requirement was crucial to India's meeting its commitment under the Paris Climate Agreement, the WTO ruled that requirement unfairly discriminated against U.S. solar manufacturers.
This is exactly the kind of decision that has many environmentalists worried about the Trans-Pacific Partnership, the sweeping and controversial trade agreement President Barack Obama signed in February. The agreement has not yet been approved by Congress. Dozens of environmental organizations expressed deep concerns about the TPP. Friends of the Earth called the decision "an outrage" in a release.... The Sierra Club called the decision a “step in the wrong direction”...