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Bearden’s Free Energy MEG
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So, what to those who favor NAFTA have to say?
Progressive Policy Institute, July 1, 1997
NAFTA: A Progressive Look at a Landmark Agreement after
Three Years
When the North American Free Trade Agreement (NAFTA) was negotiated, progressives endorsed NAFTA as one tool among many for taking control of our economic future.
NAFTA was path breaking. It raised the floor for trade rules far beyond any previous free trade agreements.
NAFTA should be a model for future agreements in the Americas.
Fine; fine; fine. Let’s not get into a globalization debate. Rather, let’s look at NAFTA’s own Energy Disputes Catch-22 against progress – Chapter 11.
Article 1110: Expropriation and Compensation
Chapter Eleven: Investment
1. No Party may directly or indirectly
nationalize or expropriate an investment of an investor of another Party in its territory or take a measure tantamount to nationalization or expropriation of such an investment ("expropriation"), except:
(a) for a public purpose;
(b) on a non-discriminatory basis;
(c) in accordance with due process of law and Article 1105(1); and
(d) on payment of compensation in accordance with paragraphs 2 through 6.
2. Compensation shall be equivalent to the fair market value of the expropriated investment immediately before the expropriation took place ("date of expropriation"), and shall not reflect any change in value occurring because the intended expropriation had become known earlier. Valuation criteria shall include going concern value, asset value including declared tax value of tangible property, and other criteria, as appropriate, to determine fair market value.
This looks harmless… right? Since when are lawyers paid hundreds of dollars an hour to draft something harmless? As you will see, NAFTA Chapter 11 is about as harmless as a sleeping Pit Bull and a real nightmare for anyone in the energy business like Bearden.
This is because Bearden’s MEG, actually represents an environmentally friendly approach to energy creation and management. Unfortunately, a dangerous energy/environment precedent now exists thanks to NAFTA Chapter 11.
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We often received emails from people complaining about the mockery and abuse they receive from family, friends and co-workers when discussing this topic.
Our view is that this topic should never be introduced to others, until they demonstrate a geniune interest.
Nonetheless, those with a genuine interest in the topic will feel a natural urge to share their concerns about a possible threat to themselves and those close to them. Consequently, the most common questions they ask are, "where is Planet X, and what is the most likely worst case scenario?" GO
As moviegoers flock to see Sony's new 2012 film, critics, debunkers and cynics are spewing forth a flood of poison pen pronouncements.
Taken altogether, it is a bizarre twist on the Biblical story of Noah and the Flood — and with strikingly similar themes.
For those new to the topic of 2012, the film is great entertainment, but it also drives home an ancient failing of humanity. That the common folk are often the last to know, whether by their own choices or those made for them by wealthy and powerful elites. Ergo, many will never ask, "where will I be in 2012?" They'll just have enough time to ask, "My God, what's happening?" GO
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