Pages

Monday, February 17, 2014

TPP - power to the corporations at the expense of the planet

In Bolivia, when the privatization of the water system in one of the major cities was rejected in the now-famous Cochabamba Water Revolt, San Francisco-based engineering conglomerate Bechtel sued the people of Bolivia for $50 million, having invested just $1 million in the country.
In El Salvador the people engaged in a democratic process to prevent a proposed gold mining project which threatened to contaminate their drinking water with toxic chemicals.
Canadian mining firm Pacific Rim, recently taken over by Oceana Gold, has hit back with a $300m arbitration case. This is equivalent to one third of El Salvador's national education budget.
And in neighbouring Costa Rica, mining firm Infinito Gold is suing the government for over $1bn following the rejection of an open-pit mining project that threatened areas of virgin forest and fresh water sources.
http://www.theecologist.org/blogs_and_comments/commentators/2282038/tpp_power_to_the_corporations_at_the_expense_of_the_planet.html 

No comments:

Post a Comment