Joseph Stiglitz: Under TPP, Polluters Could Sue U.S. for Setting Carbon Emissions Limits
(DEMOCRACY NOW) Interview Pt2, October 27, 2015 — Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz warns about the dangers of the TPP, the Trans-Pacific Partnership. “We know we’re going to need regulations to restrict the emissions of carbon,” Stiglitz said. “But under these provisions, corporations can sue the government, including the American government, by the way, so it’s all the governments in the TPP can be sued for the loss of profits as a result of the regulations that restrict their ability to emit carbon emissions that lead to global warming.”