Transpacific Partnership Trade Agreement fueling LNG Exports
The President is pressing for passage of a new trade deal called the Trans-Pacific Partnership Trade Agreement (TPP). Leaked sections of the secret deal demonstrate it is light on environmental preservation and heavy on corporate protection.
The TPP would give foreign corporations the right to sue our government for millions of dollars if they believe a U.S. environmental law (State, Federal or local) has diminished its ability to make profits – one corporation is already taking action under similar provisions in NAFTA against Canada for a ban on fracking passed in Quebec.
If passed as planned, the TPP will also give special status to new countries who will then benefit from automatic approval LNG export plans – those countries include Japan, Vietman, Brunei, Malaysia, and New Zealand, with China expected to be added to the list soon. That means environmental and economic reviews of the impacts of the new LNG construction, operation and export would be by-passed.
More LNG exports means more pressure for shale gas development and fracking; more legal challenges against environmental protection laws means less protection against gas drilling and fracking.
And to top it off, the President wants Congress to pass a piece of legislation called the Bipartisan Congressional Trade Priorities Act of 2014 -- “Fast Track” for short, that will give the President super powers to be able to continue to negotiate his deal in secret, to sign the deal on behalf of the United States, to draft and put forth before Congress the legislation that would change or modify any existing U.S. laws necessary to bring the country into compliance with the TPP, and to relegate our Congress to a mere “yay” or “nay” vote, no hearings, no amendments, and very little conversation at all. The Constitution of the United States carefully shares authority for international dealmaking between the President and the Congress – President Obama wants to change all that.
To learn more review the white paper provided below.
Also below is a copy of a recent letter sent to a variety of congressional representatives from around the region by 54 organizations. https://www.youtube.com/watch?v=Vc2UUeMqQ48&feature=youtu.be