Plans for a sweeping EU-US free trade deal known as TTIP risk being blown off course by civil society fears about the damage it could wreak on environmental and social protections, according to a leaked EU document seen by EurActiv.
Multinationals will have wide-ranging powers to sue EU states that enact health or environmental laws breaching their "legitimate expectations" of profit, according to a leaked ‘investment chapter’ from the Canada-EU free trade agreement. A separate ‘nature and scope’ document for EU-US free trade talks, which EurActiv has seen, makes clear that similar parameters are foreseen for TTIP.
Australia’s federal government has prioritised a free trade deal with Japan before a dispute between the two countries over whaling in the Southern Ocean, says Trade Minister Andrew Robb.
New report from the Heinrich Boell Foundation reviews the implications of an investor-state dispute settlement provision in TTIP for environmental policies and standards
Last Monday the Commission launched a special Advisory Group of experts representing a broad range of interests, from environmental, health, consumer and workers’ interests to different business sectors to provide EU trade negotiators with high quality advice in the areas being negotiated in the Transatlantic Trade and Investment Partnership (TTIP) talks.
The Trans-Atlantic Trade and Investment Partnership could spell an increase in lawsuits against governments which would not only discourage enforcement of existing environmental regulations, but also diminish the role of environmental scientists, predicts an academic opinion piece.
Chemical firm uses trade pact to contest Environmental Law
European Environmental Bureau position paper on the proposed Transatlantic Trade and Investment Partnership (TTIP)
Documents released by the whistle-blowing group WikiLeaks show countries negotiating the Trans-Pacific Partnership (TPP) did not plan to sanction trading partners who break environmental promises — an issue that has caused a rift between the United States and others in the bloc and is an obstacle to finalizing the deal.
Today, 15 January 2014, WikiLeaks released the secret draft text for the entire TPP (Trans-Pacific Partnership) Environment Chapter and the corresponding Chairs’ Report. The TPP transnational legal regime would cover 12 countries initially and encompass 40 per cent of global GDP and one-third of world trade.
A court in Canada has ruled Ecuadorean farmers and fishermen can try to seize the assets of oil giant Chevron based on a 2011 decision in an Ecuadorean court found it liable for nearly three decades of soil and water pollution near oil wells, and said it had ruined the health and livelihoods of people living in nearby areas of the Amazon rainforest.
"The broad implications of the TPP are that governments would lose ability to put in place policies to address the climate crisis while corporations would gain the ability to challenge climate and environmental laws and policies," writes the Sierra Club.
Energy has not been making headlines in the context of these talks, but a TTIP will have far-reaching implications for the energy sector, e.g. with regard to oil sands, LNG and shale gas.
Will Munger, of Utah Tar Sands Resistance, said his group wasn’t trying to get arrested. Instead they were raising their voices against what they fear will be a trade pact that encourages the export of methane gas from the United States to other nations.
Ecuador’s highest court upheld a verdict that US oil company Chevron Corp is responsible for pollution in an Amazon rainforest, but halved the fine imposed in a previous trial to $9.5 billion, a decision the company dismissed as illegitimate.
The negotiations for free trade agreement between India and New Zealand has hit a major roadblock during the latest round as New Delhi has declined to include other side’s demand pertaining to labour, environment and government procurement in the pact.
Statements made at a US government hearing by the American Chemistry Council, the trade association of multinational chemical companies lobbying for the US-EU trade deal, highlight the risks to public health, report Friends of the Earth
US consumer groups raised concerns on Wednesday about the proposed free trade agreement between the US and the EU, which they said could weaken government health, environmental and food safety regulations and undermine privacy on the Internet.
Most of La Oroya’s children suffer elevated lead levels, according to the Peruvian government. Parents say some have symptoms — consistent with lead poisoning — that include anemia, convulsions, stunted growth, mental retardation.