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Trade trumps climate: WTO swats down India’s massive solar initiative at the behest of the US.

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The ruling is a particularly harsh kick in the gut to climate cooperation, coming so soon after the Paris accord in December. 

Clayton Aldern, Grist / Daily Climate

https://grist.files.wordpress.com/2015/09/rtr30pzt.jpg?w=970&h=545&crop=1 Amit Dave / Reuters

http://evergreenedigest.org/sites/evergreenedigest.org/files/Editor%20Comment%20graphic.jpgDaily Climate Editor comments: Earlier this year we wrote about the potential for two trade deals sought by the US to undermine the climate deal. Looks like it's happening. -DF

24 Feb 2016 | The World Trade Organization delivered a blow to India’s ambitious solar power program on Wednesday at the behest of the United States. So much for all that nice chatter about international climate cooperation back in December.

Responding to a U.S. complaint, a WTO dispute panel ruled that several provisions of India’s National Solar Mission were “inconsistent” with international trade norms. The point of contention? India’s solar plan, which seeks to install 100 gigawatts of solar capacity by 2022, requires a certain percentage of cells and panels to be manufactured locally.

These types of provisions, called domestic content requirements, are prohibited under most international trade agreements. Want to be part of the WTO? You gotta be open to trade — every time — or you’re guilty of the dreaded protectionism.

Clayton Aldern is a senior fellow at Grist.

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Naomi Klein: Climate Change “Not Just About Things Getting Hotter… It’s About Things Getting Meaner”, Michael Winship, Moyers & Company

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In a wide-ranging conversation, the journalist and climate activist discusses the recent Paris climate accords, the politics of global warming, climate change denial and environmental justice.

 

 

Fed’s Neel Kashkari Says Banks Are ‘Still Too Big to Fail’

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He took a pre-emptive shot at the banking industry, noting the “endless objections” its lobbyists have raised to proposals for stronger regulation. “We need to move before we as a society have forgotten the lessons of ’08,” he said.

 

Binyamin Applebaum, New York (NY) Times

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http://static01.nyt.com/images/2016/02/17/business/17DB-KASHKARI/17DB-KASHKARI-master675.jpg Neel Kashkari at a California Republican Party event in 2014. On Tuesday he outlined a number of potential options for restraining large banks. Credit Stephen Lam/Reuters

Feb. 16, 2016 | During the 2008 financial crisis, Neel Kashkari worked tirelessly to save the nation’s largest banks. As a senior Treasury Department official in the George W. Bush and Obama administrations, he helped those banks grow larger than ever.

On Tuesday, he said it was time to think about breaking them up.

“I believe the biggest banks are still too big to fail and continue to pose a significant, ongoing risk to our economy,” Mr. Kashkari said at the Brookings Institution, delivering his first public speech as the new president of the Federal Reserve Bank of Minneapolis.

Binyamin Applebaum is a Washington correspondent for the New York Times. He covers the Federal Reserve and other aspects of economic policy.

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Special Report | Stop the TPP, Week Ending February 13, 2016

  • http://evergreenedigest.org/sites/evergreenedigest.org/files/Banner%20Corporate%20Accountability.jpg

    Here we provide fact-based sources of information on the key issues surrounding the TPP.
  • Obama’s unexpectedly brief mention of the TPP may simply reflects that the pact is very unpopular across the political spectrum and talking about it more only makes opposition grow.
  • Statement of Lori Wallach, Director, Public Citizen’s Global Trade Watch
  • Part 1: The Facts on the Trans-Pacific Partnership Compared to the Obama Administration’s Claims
  • Part 2: Is The TPP Still Obama's Top Priority?
  • Part 3: TPP Is Obama’s #1 2016 Priority: Why Only 28 Seconds in the SOTU?

Compiled by David Culver, Ed., Evergreene Digest 


http://www.yesmagazine.org/issues/9-strategies-to-end-corporate-rule/images/Stencil.jpg/image_largePart 1: The Facts on the Trans-Pacific Partnership Compared to the Obama Administration’s Claims

We know from past comments by the president and the US Trade Representative that their sales pitch for the TPP is not always consistent with the facts. Below we provide fact-based sources of information on the key issues surrounding the TPP.

Kevin Zeese and Margaret Flowers, Flush the TPP <>

 

http://www.flushthetpp.org/wp-content/uploads/2016/01/1tppnyc2-e1452614374969-620xauto-1.jpg12 Jan 2016 | President Obama will make his push for the ratification of the Trans-Pacific Partnership (TPP) a major part of the State of the Union as this is a major goal of his final year in office. This is an opportunity for a widespread discussion of the TPP and what impacts it will have on the economy, workers, the environment and more.

Just yesterday the World Bank published a comprehensive analysis of the TPP and concluded that by 2030 the TPP will have a miniscule 0.4% impact on US trade. See Potential Macroeconomic Implications of the Trans-Pacific Partnership,” The World Bank, January 2016. The economic impact for the United States is minimal but the impact on workers, the environment, food safety, traditional energy and the overall balance between corporate power and government is dramatic.

Kevin Zeese and Margaret Flowers are participants in Popular Resistance <PopularResistance.org>, an online daily news and information service for people who want to play a role in improving the country, creating economic and social justice as well as to protect the environment. They also co-direct It’s Our Economy and are co-hosts of Clearing the FOG, shown on UStream TV and heard on radio.

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Part 2: Is The TPP Still Obama's Top Priority?

Obama’s unexpectedly brief mention of the TPP may simply reflects that the pact is very unpopular across the political spectrum and talking about it more only makes opposition grow.

Lori Wallach, Popular Resistance

https://www.popularresistance.org/wp-content/uploads/2015/12/1tppustr4.jpg January 13th, 2016 | The State of the Union was only 58 minutes long and it was not until 40 minutes into the speech that President Obama mentioned the TPP. It could be described as a passing reference, Lori Wallach, in the comment below clocks it at 28 seconds. It was merely three lines, as Wallach shows below they were three false lines. As they were read, Speaker Paul Ryan, perhaps the most important player on the TPP in the House, did not applaud, indeed there was only a smattering of applause throughout the Chamber.

Prior to the speech, the TPP was described as one of the major focal points of the State of the Union. When the president listed his top priorities at the beginning of the speech, the TPP was not included. Why did it shrink to almost nothing? Is the TPP still the president’s top legislative priority for 2016 or does the short shrift indicate he may realize he does not have the votes? Or, is the short shrift just more of the same strategy of keeping a low profile for a very controversial agreement in the hopes of passing it under the radar? If the latter is his goal, the movement’s job is to highlight it and make sure it is on everyone’s radar.

Lori Wallach, Director, Public Citizen’s Global Trade Watch

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http://peoplesworld.org/assets/Uploads/stopp-tppa.jpg Part 3: TPP Is Obama’s #1 2016 Priority: Why Only 28 Seconds in the SOTU?

Statement of Lori Wallach, Director, Public Citizen’s Global Trade Watch

January 13th, 2016 | Obama only dedicated 28 seconds of his final State of the Union address to the TPP, his self-proclaimed top 2016 priority, but that beat the number of Congress people who stood to cheer for the controversial agreement.

As the cabinet fans out this week to amplify President Obama’s 2016 goals, we will see if they are ginning up support for the pact.

Lori Wallach, Director, Public Citizen’s Global Trade Watch

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Hate of the Union: the TPP is an Offense to the People

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  • Surely this is an intolerable insult and offense to the American populace, something that merits mass protest and resistance in the streets, schools, workplaces, and town halls of the nation.
  • The Corporate-Friendly Trade Deals Threatening Ordinary People in 2016

Paul Street, CounterPunch

Submitted by Evergreene Digest Contributing Editor Lydia Howell

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http://www.commondreams.org/sites/default/files/styles/cd_large/public/headlines/stop_ttip_0.jpg?itok=wDuPWI9i Are the TTIP and TPP "on the verge of collapse from their own contradictory goals and incoherent logic?" (Photo: Campact/flickr/cc) 

January 14, 2016 | Introduced in George Orwell’s dystopian novel Nineteen Eighty Four, the word “doublethink” refers to the ability to hold two contradictory ideas in your mind at the same time and to believe both of them. I don’t know about the belief part (see note 2, below), but Barack Obama’s seventh and thankfully final State of the Union Address (SOTUA) last night (I am writing on the morning of Wednesday, January 13, 2016), was a tribute to doublethink when it comes to the rest of Orwell’s meaning. Listen to the following passage, delivered as Obama neared the end of his speech:

“A better politics doesn’t mean we have to agree on everything.  This is a big country, with different regions and attitudes and interests … But democracy does require basic bonds of trust between its citizens.  It doesn’t work if we think the people who disagree with us are all motivated by malice, or that our political opponents are unpatriotic… Most of all, democracy breaks down when the average person feels their voice doesn’t matter; that the system is rigged in favor of the rich or the powerful or some narrow interest….Too many Americans feel that way right now.”

Paul Street's latest book is They Rule: The 1% v. Democracy (Paradigm, 2014)

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Related:

The Corporate-Friendly Trade Deals Threatening Ordinary People in 2016, Deirdre Fulton, Common Dreams

2016 is the year to put 'the interests of communities and the environment before the interests of multinational corporations'

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Powerball’s $1.3 Billion Swindle Of Americans

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Why are Powerball jackpots getting so huge? It’s not an accident.

Judd Legum & Bryce Covert, ThinkProgress

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Jan 11, 2016 | If you want to go to the corner store this week to pick up a gallon of milk, be prepared to wait. America has been gripped by lottery fever and lines are snaking out the doors of convenience stores across the county.

The next Powerball drawing, scheduled for Wednesday, will be worth about $1.3 billion to the winner. This is projected to be the biggest lottery payout in the history of the world.

Judd Legum is Editor-in-Chief of ThinkProgress.

Bryce Covert is the Economic Policy Editor for ThinkProgress.

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Section(s): 

Head's Up- You have until 13 January to comment on TPP

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  • All in all, the TPP is bad for workers and must be stopped. The world needs trade agreements that raise worker protections instead of driving a race to the bottom.
  • 2016 is the year to put 'the interests of communities and the environment before the interests of multinational corporations'
  • Part 1: Your chance to officially tell the US Trade Representative (USTR) what you think about the TPP
  • Part 2: The Corporate-Friendly Trade Deals Threatening Ordinary People in 2016

Compiled by David Culver, Ed., Evergreene Digest

http://peoplesworld.org/assets/Uploads/stopp-tppa.jpg

Part 1: Your chance to officially tell the USTR what you think about the TPP

All in all, the TPP is bad for workers and must be stopped. The world needs trade agreements that raise worker protections instead of driving a race to the bottom.

Flush the TPP 

Submitted by Evergreene Digest Contributing Editor Amelia Kroeger

http://www.flushthetpp.org/wp-content/uploads/2015/12/1tppsen7-620xauto-1.jpg 29 Dec 2015 | According to the Federal Register, the Office of the US Trade Representative (USTR) announced on Dec. 28 that it “is seeking public comments on the impact of the TPP Agreement on U.S. employment, including labor markets.”

The open comment period extends until January 13, 2016.

It is critical that as many people as possible write to them about this. (In 2014, millions of public comments pouring into the FCC saved the Internet)

Here’s how you do it.

Flush the TPP is an action campaign to Stop the Trans-Pacific Partnership (TPP).

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Part 2: The Corporate-Friendly Trade Deals Threatening Ordinary People in 2016



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2016 is the year to put 'the interests of communities and the environment before the interests of multinational corporations'

2016 is the year to put 'the interests of communities and the environment before the interests of multinational corporations'

Deirdre Fulton, Common Dreams

Submitted by Evergreene Digest Contributing Editor Amelia Kroeger Ackroeger@aol.com

http://www.commondreams.org/sites/default/files/styles/cd_large/public/headlines/stop_ttip_0.jpg?itok=wDuPWI9i Are the TTIP and TPP "on the verge of collapse from their own contradictory goals and incoherent logic?" (Photo: Campact/flickr/cc)

December 31, 2015 | Corporate media failed to cover the dangers of business-friendly trade deals in 2015, despite growing grassroots opposition to such pacts—and increasing public awareness about their contents.

Will 2016 be the year looming toxic trade policies catapult into the mainstream? Sierra Club trade representative Ilana Solomon hopes so.

Deirdre Fulton, staff writer, Common Dreams

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