TPP ignores climate change

It does have an environmental chapter, however it doesn't even mention climate change.

Also, the safeguards against corporations suing gov's for lose of income are weak.

Looks like it's official; the Trans Pacific Partnership is a lemon. Building on corporate social failure in the US, the US has tried to export that social failure to Pacific rim nations.

Matthew Rimmer, Professor of Intellectual Property and Innovation Law at the Queensland University of Technology, told Fairfax Media it looks like US trade officials have been "green-washing" the agreement. 

"The environment chapter confirms some of the worst nightmares of environmental groups and climate activists," Dr Rimmer said. 

"The agreement has poor coverage of environmental issues, and weak enforcement mechanisms. There is only limited coverage of biodiversity, conservation, marine capture fisheries, and trade in environmental services. The final text of the chapter does not even mention 'climate change' – the most pressing global environmental issue in the world." 

Controversially, the deal includes a clause giving foreign companies the right to sue Australian governments if they introduce laws they say have harmed their investments. 

Dr Patricia Ranald from the Australian Fair Trade and Investment Network said the "safeguards" Mr Robb claimed he had won to prevent foreign tobacco companies suing Australian governments for pursuing anti-smoking policies do not appear strong enough. 

"The general 'safeguards' in the text are similar to those in other recent agreements which have not prevented cases against health and environmental laws," Dr Ranald said. canberratimes   

So there you have it. Trade minister Andrew Robb is talking out his ass.

Do we want 40% of the world's trade working under an agreement that doesn't even mention climate change?