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Climate Truthout

Fossil Fuel Giants Have Sued States for Over $443 Billion Under Trade Deals

Critics say the companies are weaponizing provisions to siphon money from public budgets that are already stretched.

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Ahead of an official side event at the United Nations Climate Change Conference in Antalya, Türkiye, campaigners on Thursday released an analysis of UN data regarding secretive deals within trade agreements aimed at protecting the profits of corporations, including fossil fuel giants, which have now claimed at least $443 billion from the legal provisions. Investor-state dispute settlements…

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Originally published byTruthout
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