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How CETAS ICS would work

The range of documents here show, amongst other matters, how difficult it will be for a government to keep fossil fuels in the ground without having to pay huge compensation, running on average to €500 million plus, the foreign based explorers. The Corporate Europe Observatory listing of 10 reasons not to accept the ISDS elements of CETA still apply. Not least of these is the loss of the EU precautionary principle. And despite the Green Party’s assurances that the ISDS system has been reformed one document shows that foreign corporations are guaranteed in the CETA agreement the right to take cases under the old ICSID, under the auspices of the World Bank. Finally, it also deals with the payments to arbitrators.

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