Get ready for TPP, TTIP, TISA, etc. to make nationalism and patriotism obsolete:
Solar power sees unprecedented boom in the United States – solar power grew by 6.2 gigawatts in 2014; and 1 million American homes have solar panels as of February 2016. However, the United States dragged India to the World Trade Organization claiming that India’s efforts to boost local production of solar cells and solar modules violated WTO rules.
Just recently, a WTO panel has ruled that the domestic content requirement (DCR) imposed under India’s National Solar Mission (NSM), is inconsistent with its archaic treaty obligations under the global trading regime. The requirement in question mandates a percentage of components to be sourced locally, to boost homegrown production of solar cells and solar modules.
Though India argued that NSM helps the country meet its climate commitments under the United Nations Framework Convention on Climate Change (UNFCCC), the WTO rejected the argument. They stated that domestic policies seen as violating WTO rules, cannot be justified on the basis that they fulfill UNFCCC or other international climate commitments. Like seriously?
You can read the rest @
Granted, they won't exactly "outlaw" them - but by imposing a regime of binding arbitration they will make it impossible for national legislatures to control business in their own countries.
Bye-bye US Constitution.
And note well that an alleged former "constitutional law professor" is one of the strongest advocates for this nonsense.
No comments:
Post a Comment