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New rules on "trade in services" could force governments to weaken environmental standards for risky industries, such as trucking, logging, mining, water supply, real estate development, factory farming, and more. To comply with NAFTA's rules on trade in services, the Bush administration recently waived US clean air standards in order to allow trucks based in Mexico to haul freight on US highways. This could increase air pollution in border states, as the aging Mexican truck fleet pollutes more than similar US trucks, and do not use the cleaner fuels required in the United States.

Currency Day Trading Statement of Daniel Seligman
Responsible Trade Program, Director

Financial Software Trading The Methanex Corporation, a Canadian chemical company, stumbled today in its attempt to sue the U.S. government for almost $1 billion over a crucial California clean water law. The Sierra Club welcomes the decision by a tribunal under the North America Free Trade Agreement of the Americas (NAFTA). But we are concerned that the narrow procedural ruling left the door open for future anti-environmental decisions by this tribunal or by NAFTA tribunals in other cases.

"It's over, " Alexis Deswaef, one of the lawyers representing the refugees, told Reuters on Friday. Belgium revised the law in 2003 to make it more difficult for foreigners to use it for politically motivated or frivolous lawsuits. The refugees filed the lawsuit against Total in 2002, using the law that gives the courts the right to try people accused of crimes against humanity and other atrocities committed anywhere in the world.

Online Stock Trading Company Under today's ruling, Methanex must show that the California government intended to discriminate against the company when it banned the toxic gasoline additive, MTBE, which is polluting drinking water across the state. Methanex claims that the MTBE ban hurt sales of Methanol, its main product and the key ingredient in MTBE.

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Forex Day Trading We're pleased that the NAFTA tribunal created a new hurdle for Methanex on its path to winning $1 billion of US taxpayer money. We hope the case is eventually dismissed. On the other hand, NAFTA tribunals are not bound by precedent, so nothing requires future NAFTA tribunals to apply the procedural hurdle created for Methanex. Our environmental laws won't be safe from future corporate lawsuits unless NAFTA itself is changed.

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Financial In Market Of even more concern, the Bush administration wants to expand NAFTA's "corporate lawsuit" provisions across the western hemisphere, creating a Free Trade Area of the Americas that allows foreign companies from Chile to Canada to jeopardize crucial public interest laws for their own profit.

Stock Trading System However welcome today's decision may be, the risk to environmental health and safety would only grow if the Bush administration were to expand NAFTA corporate lawsuit provisions as it now plans to.

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