Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


TPP Negotiators on Notice to Protect Environment: Poll

TPP Negotiators on Notice to Protect Environment: Poll

An opinion poll shows a clear majority of New Zealanders reject the concept of foreign investors having any ability to sue the government offshore if is sets stronger environmental standards.

New Zealand is currently negotiating a free trade agreement with ten other countries called the Trans-Pacific Partnership (TPP).

61% of those surveyed believe that New Zealand should not sign the TPP agreement if it contains any clauses that allow foreign investors to sue the government in an offshore tribunal over new laws intended to protect the environment.

Of those that have an opinion, six times as many favour standing aside from any deal that would impose these terms, versus those that would still sign up.

The poll was conducted by Consumer Link for the Sustainability Council and indicates that just 9% of New Zealanders think securing this free trade agreement is important even if it could allow foreign investors to take such legal action against the government, while 30% have no opinion. The margin of error is 3.3%.

A leaked draft of the TPP text reveals how overseas companies would have the right to seek compensation if their expected profits are significantly reduced by stricter environmental requirements. The provisions are known as Investor State Dispute Settlement (ISDS) terms and some 70% of cases brought under the North American Free Trade Agreement (NAFTA) have involved claims over natural resources or the environment.

The government maintains that clauses in the TPP text will preserve New Zealand’s ability to make stronger environmental laws without fear of the claims being successful. But there are recent investment arbitration cases where these clauses have failed to protect the public interest.

The poll cuts right through this legal interpretation issue as it shows most New Zealanders simply reject the ISDS concept when it comes to new laws intended to protect the environment.

The Australian Productivity Commission found in 2010 that such rights for foreign investors were not in Australia’s interest. It stated that: “There does not appear to be an underlying economic problem that necessitates the inclusion of ISDS provisions”. And at the time it reported, no Australian firm had ever used them.

What the Commission did find was that including such rights risked a “chilling effect” on a government’s willingness to undertake reforms to protect the public interest. In other words, governments become scared to raise environmental standards for fear of being sued.

As current demands on the environment often exceed what is sustainable, such protection for foreign investors paves the way for the government to hold back on setting proper limits. It seeks to create environmental property rights for foreign investors that no New Zealanders have, or should have.
ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Joint Statement: Establishment Of NZ-China Strategic Partnership

At the invitation of Governor-General Lt Gen The Rt Hon Sir Jerry Mateparae and Prime Minister The Rt Hon John Key of New Zealand, President Xi Jinping of the People’s Republic of China made a state visit to New Zealand from 19 to 21 November 2014.

During his visit, President Xi Jinping met with Governor-General Jerry Mateparae, and held talks with Prime Minister John Key. The leaders had an in-depth exchange of views on bilateral relations as well as regional and international issues of common interest. More>>

 
 

Parliament Today:

Savings Targets: Health Procurement Plan Changes Direction

Next steps in implementing DHB shared services programme Health Minister Jonathan Coleman says the Government has agreed to explore a proposal put forward by DHBs to move implementation of the shared services programme to a DHB-owned vehicle. More>>

ALSO:

More on Health Policy:

Auckland Unification: 'No IT Cost Blowout' (Just More Expensive)

Following discussion of an update on Auckland Council’s Information Services Transformational Programme at today’s Finance and Performance Committee, council has released the report publicly. More>>

ALSO:

Other Expensive Things:

Gordon Campbell: On The SAS Role Against Islamic State, And Podemos

Only 25% of the US bombing runs are even managing to locate IS targets worth bombing. As the NYT explains at length, this underlines the need for better on-the-ground intelligence to direct the air campaign to where the bad guys have holed up... More>>

ALSO:

Public Service: Commission Calls For Answers On Handling Of CERA Harassment

EEO Commissioner Dr Jackie Blue is deeply concerned about the way in which the State Services Commission has handled sexual allegations made against CERA chief executive Roger Sutton this week and is calling for answers. More>>

ALSO:

Gordon Campbell:
On Andrew Little’s Victory

So Andrew Little has won the leadership – by the narrowest possible margin – from Grant Robertson, and has already been depicted by commentators as being simultaneously (a) the creature of the trade unions and (b) the most centrist of the four candidates, which would be an interesting trick to see someone try in a game of Twister. More>>

ALSO:

China President Wishlists: Greens Welcome Xi, But Human Rights Need To Be On Agenda

“President Xi has made some progress on climate change, but he must also lift the Chinese government’s game on human rights issues,” Green Party Co-leader Dr Russel Norman said... It is important that our Government continues to urge the Chinese government to show restraint and respect human rights in both Tibet and the Xinjiang province.” More>>

ALSO:

Airport Security Breach: CAA Fines Minister

Minister Brownlee has been issued an infringement notice and is required to pay a $2000 infringement fine for breaching Civil Aviation Rule 19.357(b), which states no person may be in an airport security area without an appropriate identity card or document. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news