Quebec fracking ban challenged under NAFTA

http://climate-connections.org/2012/11/30/quebec-fracking-ban-challenged-under-nafta/

November 25 2012. Source: WW4 Report

US-incorporated energy firm Lone Pine Resources is

challenging Quebec’s moratorium on fracking under terms of the North American Free Trade Agreement, and demanding more than $250 million in compensation. The company—headquartered in Calgary but incorporated in Delaware—officially notified the US Securities and Exchange Commission that on Nov. 8 it filed a notice of intent to sue the Canadian government under NAFTA’s controversial Chapter 11. Quebec lawmakers in June approved legislation, Bill l8, that imposed a moratorium on hydraulic fracturing pending further study on its environmental impacts. Lone Pine cites Chapter 11′s Article 117, on investor damages, in its claim for the loss of what it calls a “valuable right…without due process, without compensation and with no cognizable public purpose.”

Environmental Justice http://courses.dce.harvard.edu/~envre145
Environment Ethics http://courses.dce.harvard.edu/~envre120

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