ISDS Case Map
energy
oil, gas, agrofuels
The US government is currently negotiating massive new free trade pacts, including the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership, that would severely restrict its ability to address the climate crisis.
“India's trade imbalance with the six-nation Gulf Cooperation Council will further deteriorate as well as impact the Indian petrochemicals sector due to tariff elimination on petrochemicals under the proposed FTA”, says a study by an apex Indian trade body.
"This isn't a matter of the big bad Chinese coming and throwing oil all over our beavers and mounties, this is about (for the ten trillionth time in this country's history) a fundamental disrespect for First Nations people, upon whose land we are developing a multi-billion dollar energy extraction industry."
The movements point out that halting climate change calls for an end to the neoliberal free trade regime that promotes the pursuit of endless growth and endless profit for transnational corporations.
Newly publicised internal documents suggest that US negotiators are working to permanently block a landmark regulatory proposal in the European Union aimed at addressing climate change, and instead to force European countries to import particularly dirty forms of oil.
Asked about the trade deal the Commission is currently negotiating with the US, which campaigners fear will allow private companies to challenge the EU’s environmental rules, Mr Juncker stressed that the normal, publicly accountable, court system should be used instead of private courts or arbitration panels.
The European Union is pressing the United States to lift its longstanding ban on crude oil exports through a sweeping trade and investment deal, according to a secret document from the negotiations, writes the Washington Post.
A leaked European Union document published today by the Washington Post exposes the dangerous direction the trade deal between the U.S. and the EU is taking when it comes to raw material and energy.
Through trade agreements, Big Energy is trying to weaken environmental protections and increase their power to subvert democracy but people are stopping these too.
