Trade Agreements Create Pollution Havens

Interesting paper out of the Berkeley Global Economy Journal
Trade Agreements and the Environment: An Industry Level Study for NAFTA
Raymond MacDermott. Global Economy Journal Volume 6, Issue 3 2006 Article 3

We find strong evidence of both the pollution-haven hypothesis and the positive impact of the NAFTA on FDI.  In addition, we find the trade agreement exacerbates the pollution-haven effect.  That is, the incentive to invest in countries with weak environmental regulations is greater under a trade agreement such as the NAFTA.  Surprisingly, stronger evidence of this effect is found in lower polluting industries than in higher polluting industries.

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    Ladies and gentlemen, I give you the chief of NASA, Michael Griffin

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    I guess I would ask which human beings, where and when, are to be accorded the privilege of deciding that this particular climate that we have right here today, right now, is the best climate for all other human beings. I think that’s a rather arrogant position for people to take,” Griffin said.

    Nothing more to say other than if I were American, I would first be a little ashamed, I would then start demanding his resignation. This is the chief of one of this country’s premier scientific institutions, one that does a lot of weather and climate research, one that employs the world’s foremost scientific voice on global warming. Here’s what Hansen had to say…

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    A must read for anyone who likes articulate scientists writing very approachable articles about important subjects!
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    If every one of the 70 million acres on which corn was grown in 2006 was used for ethanol, the amount produced would displace only 12 percent of the U.S. gasoline market. Moreover, the “new” (non-fossil) energy gained would be very small — just 2.4 percent of the market. Car tune-ups and proper tire air pressure would save more energy.

    Proper tire pressure is not sexy, and does not lead to billions of dollars of profits!

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    Corn is such a boondongle, it’s amazing what the ADMs and Monsantos of the world can do.

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    No longer the climate outcast, is the president of the United States, that proud designation among the so called developed country leaders would now be Steven Harper.