South America

EU to Exxon: TTIP Trade Deal Will Help Your Global Fossil Fuel Expansion

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.

Why Is North America Behind The Curve On Climate Change and Energy?

Just three short years ago, it appeared that North America was on the verge of finally kicking that nasty dirty energy addiction that was crippling our economies and our energy independence.  The United States had elected a president (Barack Obama) who set incredibly lofty goals for renewable energy targets, and green energy investments across the continent were higher than anywhere else in the world.

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