Global trade rules can help fight climate change: US trade chief
Published by
AFP

Washington (AFP) – International commerce creates incentives for countries to erode environmental protections to attract investment, and global trade rules are needed to counter that “race to the bottom,” US Trade Representative Katherine Tai said on Thursday. “The view that environmental issues are not an inherent part of trade ignores the reality that the existing rules of globalization incentivize downward pressure on environmental protection,” Tai said in her first public speech.  “This puts countries with higher environmental standards at a competitive disadvantage,” she said in the addre…

Read More

HEDGE accordingly