<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><h3 class="gmail-m_6737399663156241617gmail-category" style="margin: 2px 0px 10px; padding: 0px 0px 4px; border-width: 0px 0px 1px; border-bottom-style: solid; border-bottom-color: rgb(204, 204, 204);"><font face="Arial" class=""><span style="font-weight: normal;" class=""><font color="#999999" class=""><span style="text-transform: uppercase;" class="">Here’s the report… </span></font><font color="#999999" class=""><span style="text-transform: uppercase;" class=""><a href="http://www.bu.edu/pardee/2016/11/03/new-report-trade-in-the-balance-reconciling-trade-and-climate-policy/" class="">http://www.bu.edu/pardee/2016/11/03/new-report-trade-in-the-balance-reconciling-trade-and-climate-policy/</a></span></font></span></font></h3><div class=""><font color="#999999" face="arial, helvetica, sans-serif" size="3" class=""><span style="text-transform: uppercase;" class=""><br class=""></span></font></div><h3 class="gmail-m_6737399663156241617gmail-category" style="margin: 2px 0px 10px; padding: 0px 0px 4px; border-width: 0px 0px 1px; border-bottom-style: solid; border-bottom-color: rgb(204, 204, 204); text-transform: uppercase; font-family: arial, helvetica, sans-serif;"><font color="#999999" size="3" class="">INSIDE US TRADE</font></h3><h3 class="gmail-m_6737399663156241617gmail-category" style="margin: 2px 0px 10px; padding: 0px 0px 4px; border-width: 0px 0px 1px; border-bottom-style: solid; border-bottom-color: rgb(204, 204, 204); text-transform: uppercase; font-family: arial, helvetica, sans-serif;"><span style="color: rgb(51, 51, 51); font-size: 1.833em; line-height: 26px;" class="">Working group declares prevailing trade model 'incompatible' with climate change goals</span></h3><div class="gmail-m_6737399663156241617gmail-timestamp" style="margin: 4px 0px 12px; padding: 4px 0px; border-width: 1px 0px; border-top-style: solid; border-bottom-style: solid; border-top-color: rgb(192, 192, 192); border-bottom-color: rgb(192, 192, 192); font-family: arial, helvetica, sans-serif;">November 03, 2016</div><div class="gmail-m_6737399663156241617gmail-body" style="margin: 0px; padding: 0px; border: 0px; font-family: arial, helvetica, sans-serif;"><div style="margin: 0px; padding: 0px 0px 15px; border: 0px;" class="">A working group of lawyers, economists, academics and others has concluded that the prevailing model for multinational trade and investment deals is “largely incompatible” with global climate change goals.</div><div style="margin: 0px; padding: 0px 0px 15px; border: 0px;" class="">The “<a href="https://www.bu.edu/pardeeschool/files/2016/11/Pardee-GEGI-TradeClimate-Nov2016.pdf" target="_blank" style="color: rgb(0, 102, 204); margin: 0px; padding: 0px; border: 0px;" class="">Working Group on Trade, Investment, and Climate Policy</a>” – a collaboration between Boston University’s Global Economic Governance Initiative and the Georgetown University Law Center’s Harrison Institute for Public Law – compiled its findings in a new report calling for new rules that, at a minimum, ensure trade deals don't result in greater greenhouse gas emissions.</div><div style="margin: 0px; padding: 0px 0px 15px; border: 0px;" class="">The group “finds that trade and investment treaties can be instruments to advance the global climate and development agenda, but that the prevailing model of trade and investment treaties is largely incompatible with the world’s broader climate goals,” the report states.</div><div style="margin: 0px; padding: 0px 0px 15px; border: 0px;" class="">More:</div><blockquote style="margin: 5px 0px 5px 18.75px; padding: 0px; border: 0px;" class=""><div style="margin: 0px; padding: 0px 0px 15px; border: 0px;" class=""><em style="margin: 0px; padding: 0px; border: 0px;" class="">The model rules for trade and investment treaties need to be redesigned with an overriding principle to reward climate-friendly modes of economic activity, curb activity that worsens climate change, and provide the proper policy space so that nation-states can adequately address the climate challenge. At the very minimum, the trade model should be adjusted in such a way that treaties do not result in net increases of greenhouse gas emissions.</em></div></blockquote><div style="margin: 0px; padding: 0px 0px 15px; border: 0px;" class="">The group also says “governments and civil societies” should ensure that:</div><blockquote style="margin: 5px 0px 5px 18.75px; padding: 0px; border: 0px;" class=""><div style="margin: 0px; padding: 0px 0px 15px; border: 0px;" class=""><em style="margin: 0px; padding: 0px; border: 0px;" class="">1) The potential economic and regulatory-related climate impacts of current and proposed treaties be thoroughly analyzed across and inserted into trade and investment policy-making processes;</em></div><div style="margin: 0px; padding: 0px 0px 15px; border: 0px;" class=""><em style="margin: 0px; padding: 0px; border: 0px;" class="">2) Model rules for trade and investment treaties be redesigned to reward climate friendly activity and curb economic activity that exacerbates climate change;</em></div><div style="margin: 0px; padding: 0px 0px 15px; border: 0px;" class=""><em style="margin: 0px; padding: 0px; border: 0px;" class="">3) The governance of disputes under trade and investment treaties be reformed to ensure that foreign investors do not hold greater rights than nation-states over climate policy-making.</em></div></blockquote></div></body></html>