Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

Laughing all the way to the bank

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Plans to exclude some offsetting projects from the EU's Emissions Trading System, due to be formally approved this month, have been watered down following lobbying by big business. Corporate Europe Observatory has obtained documents which show that BusinessEurope, the International Emissions Trading Association (representing carbon traders), the chemical lobby group CEFIC and some big companies such as Enel, lobbied DG Enterprise to sabotage DG Clima's proposals. The business groups found an ally in DG Enterprise. The ban will prohibit industrial gas offsets, which currently account for more than half of the available credits and are bought by European polluters as an alternative to cutting pollution at home. Read the full article here:
 

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The 'cash for access' scandal in the UK has taken the House of Commons by storm and prompted a vote about banning certain second jobs for MPs. CEO looks at what the scandal shows us about the loopholes in the European Parliament's own rules and procedures.
Corporate Europe Observatory analyses the UK government's grid of stakeholders working on TTIP which clearly illustrates how the forces for and against the EU-US trade deal are shaping up.
The recent cases of former MEPs going through the revolving door, including a number of UK Liberal Democrats, has once again shown why the European Parliament needs to draw up new rules to tackle the risk of any possible conflicts of interest arising.
Many who walked past the BNP Paribas Fortis' central Brussels branch during their lunch break yesterday were surprised by what they saw: activists-turned-bailiffs removing tables, chairs and other materials from the building, leaving them out on the pavement. At a time of severe cuts to social spending in Belgium because all the money has been spent bailing out the banks, citizens repossessed bank furniture as the first step in recouping the billions of Euros that BNP Paribas – who controversially bought Begian bank Fortis in 2009 – helped its client avoid via its 214 branches located in tax havens.

Alternative Trade Mandate

Corporate Europe Forum