Campaigners are urging reform of an obscure system that allows coal, oil and gas companies to sue governments if climate policies hit their profits.
The connection between global trade and the climate crisis is clear. Much of global trade is unnecessary and wasteful - and yet, somehow, it continues to be profitable.
Multinational companies will increasingly file massive cases against host countries when climate change policies affect their profits, Nobel Prize-winning economist Joseph Stiglitz said.
Climate change and the Central American Free Trade Agreement (CAFTA) have destabilized the economies and lives of many in Central America and are driving migration.
A new report by more than 20 NGOs is calling on the EU to include provisions in trade agreements now under negotiation, such as the EU/MERCOSOR agreement, that would fully protect forests and indigenous rights.
Canadian dithering about climate action could put France’s support for the Canada-Europe free trade agreement at risk, Environment Minister Catherine McKenna says.
To reduce emissions abroad, the US must renegotiate its trade agreements.
Tariff reductions by G-20 countries will sharply increase global carbon dioxide emissions. The lowering of tariffs through trade agreements has facilitated this offshoring of emissions.
France will vote against the start of trade talks between the European Union and the United States, the French presidency has said, despite EU members agreeing in principle to begin the discussions.
Australia is set to come under increased pressure on climate change after French officials insisted the Morrison government’s carbon emissions targets are not ambitious enough to fully comply with the Paris agreement.
The way trade works in the global economy can be insane – it wastes resources, worsens climate change, and undermines the livelihoods of millions of small-scale producers worldwide.
There should be no trade negotiations with countries that are not even willing to sign up to the minimal commitments of the Paris Agreement. Global commitments towards stopping climate change must come before the interests of the car industry lobbyists.
The panel on a sustainable world at the hui in October 2018 on What an Alternative and Progressive Trade Strategy for New Zealand argued for major changes to address pressing environmental issues.
The committee of the European Parliament for international trade endorsed opening trade talks with the US.
Three years ago, widespread protests took place across Europe against a planned trade deal between the EU and the US. It was eventually halted. EU governments are now planning to agree terms to start negotiating a new transatlantic trade deal.
The EU now imports 112 percent more US soy than a year ago, flooding the market to feed EU factory farms. Bad news for animal welfare, bad news for the environment.
Westmoreland Coal is suing Canada because it did not receive a transition payment following Alberta’s coal phaseout plan. For the province, coal mining companies have no role to play in the energy transition.
This is the first time the two blocs are meeting after statements made by France’s Macron about Brazil’s Bolsonaro caused tension and doubt about the partnership.
The international trading system is facing a crisis – but protectionism isn’t the biggest test EU leaders must deal with.
A US coal miner is launching a NAFTA suit against Alberta over its policy to phase out coal in the electricity system by 2030.