New documents reveal that the European Commission assured ExxonMobil at the very start of negotiations on the major US-EU free trade deal that the deal would help remove obstacles to expanding fossil fuel development in Africa and South America.
The documents, obtained by the Guardian, show that in October 2013 – just three months into negotiations – trade commissioner Karel de Gucht held an hour-long conversation with Exxon in which he told the oil giant that the Transatlantic Trade and Investment Partnership (TTIP) would ease its concerns about restrictive regulations in developing countries.
As a briefing paper for de Gucht reads: “TTIP is perhaps more relevant as setting a precedent vis-a-vis third countries than governing trade and investment bilaterally.
How do you successfully phase out fossil fuel subsidies in less than 10 years? The first step would be identifying what a subsidy actually is.
And if you’re the British Government, you...