This breakdown of ISDS mechanics is crucial right now. The bit about how 1975 treaties are stil binding governments today basically shows how corporate interests got locked in before we even understood climate risk properly. I actualy saw something similar play out with a local renewable energy project that got delayed cause of old land use agreemnets. What's really wild is that MPs have almost zero oversight on these deals while departments meet with Shell monthly.
Indeed. Note that the co-ordinated steps required to course-correct this horror-show are typically described by critics as “authoritarian” or “anti-democratic”: yet it is obvious that this accurately describes the status quo. Baudelaire’s quip of “the greatest trick the devil ever pulled was convincing the world he didn't exist” is overused, but genuinely applicable here.
This breakdown of ISDS mechanics is crucial right now. The bit about how 1975 treaties are stil binding governments today basically shows how corporate interests got locked in before we even understood climate risk properly. I actualy saw something similar play out with a local renewable energy project that got delayed cause of old land use agreemnets. What's really wild is that MPs have almost zero oversight on these deals while departments meet with Shell monthly.
Indeed. Note that the co-ordinated steps required to course-correct this horror-show are typically described by critics as “authoritarian” or “anti-democratic”: yet it is obvious that this accurately describes the status quo. Baudelaire’s quip of “the greatest trick the devil ever pulled was convincing the world he didn't exist” is overused, but genuinely applicable here.