Hi John,
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We told them so – and it’s happened. The UK has just been sued via corporate courts, for halting a coal mine.(1)Â
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We’ve been calling on the government to scrap Investor-State Dispute Settlement (ISDS) trade rules for years, to stop exactly this eventuality: fossil fuel companies suing us over necessary climate action.Â
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The now-abandoned Cumbria mine, the UK's first new major coal mine in decades, was railed against by environmental campaigners. It was quashed by the UK’s high court last year, ruled unlawful due to its climate impacts.(2) At a time when we should be rapidly leaving fossil fuels behind, stopping it was so clearly the right call. Â
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But because the UK hasn’t removed corporate courts from its trade deals, foreign investors have the power to threaten it in secretive tribunals, and pass the losses from their dirty, outdated projects onto the taxpayer. This has to be a wake-up call. Â
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With the risk now realised before their eyes, can you help us tell the government to finally scrap corporate courts?Â
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