The controversial Mercosur trade deal is incompatible with the EU’s commitment to carbon neutrality and “may undermine global efforts to avert runaway climate change”.
China agreed to buy ’petroleum oils and oils obtained from bituminous minerals, crude’ and that could include Canadian crude travelling through the US.
NAFTA 2.0 cleared another hurdle as the U.S. Senate approved the trade deal with bipartisan support.
The Mercosur agreement damages the environment, climate and small farmers.
Trade deals have been huge drivers of climate change. NAFTA, for instance, incentivized the expansion of industries with high carbon footprints.
The high emission intensity of beef production in the Mercosur countries can reach levels that are more than double the emission intensity of Irish beef.
An obscure investment agreement, the Energy Charter Treaty, threatens to undermine bold climate action to transform Europe’s energy system.
Deal does not address the farm crisis, but will exacerbate climate crisis and jeopardize health and public safety.
An assessment suggests the revised deal would perpetuate NAFTA’s environmental damage.
The US has banned any mention of climate change in US-UK trade talks.
The renegotiated NAFTA fails to meet the baseline standards for environmental and climate protection that the environmental community has consistently called for.
Climate campaigners are demanding that European Union countries pull out of the treaty unless they can negotiate an end to the pact’s investor-state dispute mechanism.
We – 278 environmental, climate, consumer, development, and trade related civil society groups, as well as trade unions – believe that the ECT is incompatible with the implementation of the Paris Climate Agreement.
It is time that 21st century trade policy reflects 21st century emergencies and answers to the climate crisis.
Climate change targets are shaping to be a major sticking point in trade negotiations with Europe after France publicly tied Australia’s domestic action on climate change to the proposed FTA.
The reality is that the EU-Mercosur FTA will cause a serious increase in global greenhouse gas emissions.
In investor–state dispute settlement (ISDS), ironies do occasionally occur. Sometimes they’re bitter. Sometimes they’re carbon-intensive. Sometimes they’re radioactive.
Global investment governance needs to be redesigned for the 21st century, with people and the planet at the core.
We must call for an end to the deregulatory ‘free trade’ and tax policies that make practices like re-importation and redundant trade profitable.
A global rise in investor lawsuits against nation-sates is putting climate protection laws under threat, activists warn.