The corporate war against green policies: Climate litigation explained | Transforming Business

It’s been dubbed “litigation terrorism” – a foreign investor protection regime that’s said to be stalling climate action and instead paying polluters. The fossil fuel and mining industries have already been awarded over 100 billion dollars., On this episode of Transforming Business, how corporate lawsuits are holding governments to ransom over green policies and how states are fighting back.

Chapters
00:00 The fight against corporations
4:18 The Legalities
8:00 Hope in Romania
11:04 The future of climate litigation

#ClimateLitigation #TransformingBusiness #ClimateChange

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[MediaFaust]

What do I think about corporations? There are no words for how horrible those people are.

[treefarm]

Excellent video. Good on the Romanians and their government for standing up to the mining company.

[brunodidonato]

Money and companies shouldn't have this kind of Power...we're talking about lives and Nature, this is the most important matter than profits

[TerreHauteRemoteGoat]

ISDS cases should not be allowed when the government has an environmental basis to stop a project.

[miloszuma]

In Serbia we have the similar problem with Rio Tinto. They want to turn beautiful green land (like in Romania in this video) to a mine pit where they will produce the lithium for "green" industry. They bought the government, they are paying the government news station and police are arresting the people who are protesting against this mine. Those people are accused off attempting a coup.

[matthewbaynham]

I wish all the farming communittees in the world can use these legal practices to take the US government to court.

The US government massively subsidizes the fossil fuel industry, so when global warming reduces farming production across the entire world all the farmers effected should take legal action against the US government to stop them giving money to the fossil fuel industry.

That should be many hundreds of billions in USD.

[heronimousbrapson]

It's too bad that the government of the Canadian province of Alberta is going in the pro-corporate direction: opening up beautiful and once-protected areas of the Rocky Mountains to Australian coal mining companies, potentially affecting the water quality in a province known for water shortages. What's worse is that the voters keep electing them.

[stewlew]

Glencore doesn't want to talk about Bruno

[jensmalling]

It seems absurd that a company/corporation can sue a government for changing the laws

[fredericoamigo]

I cannot believe how shameless and ruthless these fossil fuel companies are.

I’m looking forward to seeing them go out of business.

[CitiesForTheFuture]

Corporations don't pay for extreme weather damage, governments do (via tax payers money). Money for disaster recovery is diverted from other social support services e.g. healthcare, education, employment support etc - which, BTW, corporations don't pay for either. Corporate profits go to company owners & shareholders, not shared with the general public ie corporate profits are not a social good, but hoarded away from the public good. We must also ALWAYS remember there was much resistance to social change from corporate self interest e.g. slavery, worker rights & child labour etc, women's right to vote etc etc etc. Corporations generally resist any policies that foster social well-being... their SOLE job is to protect the interests of owners / shareholders (1% of the population). Governments have to balance economic prosperity (for everyone) & the common social good (corporations continued to make profits even after slavery was abolished, workers received broader rights, women were able to vote etc).

[VulcanData]

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control on government by controlling money and it's issuance." ~James Madison Via The Venus Project

[ZylerLee]

A bit of a silly question: can we the people enter in to a class action lawsuit against the corporations?

[robsengahay]

I had no idea about ISDS. It doubtless explains a great deal about planning decisions across the globe which are widely attributed to simple political corruption. That’s not to say that there isn’t corruption as well because undoubtedly these corporations employ both carrot and stick.

[Beckford]

@DWNews the jaunty music was too loud and really distracting. Please make background music background!

[Fred-ww]

The world should rise up and nationalize any international site that threatens the well being of the local people and the world at large. It's time we begin putting people ahead of profits...

[treehugger]

Why the irritating, distracting background music? What exactly does it do to enhance your message?

[marcdefaoite]

Great video and important topic, but background music should be in the background, not in competition with the narration.

[GloryDaze]

😢The activities of modern corporations are Unconscionable !!😢

[ronnianabalos]

So basically ISDS is just one of the ways corporate pressure resource rich countries