Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

Battle For Corporate Investment Rights

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New investment powers, granted to the EU Commission under the Lisbon Treaty, will still allow multinational companies to claim compensation when national laws designed to protect the environment or public health damage their profits, according to proposals put forward by the EU Commission this month. The draft legislation on the protection of international investment – an area previously governed by member states – was an opportunity to change the current system under which national agreements frequently give companies investing overseas excessive protection from legislation in the host country. But following an intense lobby campaign from industry and EU member states led by Germany and the UK, the Commission has opted to protect the status quo. The Commission’s proposals will now be considered by the EU Parliament and the Council.
 
Scientific advice should be transparent, objective and independent, and there should be more science and more diverse expertise available to the European Commission’s President, a coalition of 28 international and national NGOs wrote in a letter addressed to President-elect Jean-Claude Juncker today (1).
A few observations on the debate sparked by our open letter on the position of Chief Scientific Advisor to the President of the European Commission, and on the need for proper scientific advice to EU legislators.
The position of Chief Scientific Adviser to the President of the European Commission is problematic, concentrating too much influence in one person and undermining other Commission research and assessment processes. We ask Mr Juncker, the new President of the European Commission, to scrap the position.
David Cameron's nomination of a revolving door ex-lobbyist, Jonathan Hopkin Hill, as EU commissioner is bad news for Jean-Claude Juncker's newly-stated commitment to lobby transparency.

Corporate Europe Forum