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:
 

Polluters in Peru blog

A new draft EU directive currently looked at by the European Parliament wants to protect companies' "trade secrets", but uses definitions so large and exceptions so weak that it could seriously endanger the work of journalists, whistle-blowers, unionists and researchers as well as severely limiting corporate accountability. We publish a joint statement together with several other groups for the directive to be radically amended.
In the face of a disastrous Lima Outcome for local communities, their environments and the climate, many of the climate justice groups attending COP20 released a joint statement in response to what countries had agreed to, as well setting our own agenda.
The UN climate talks in Lima, COP20, have had the pervasive influence of business all over them. Yet despite this, business is still not happy with the influence it has on the talks and wants a greater role.
As the UN climate talks – COP20 – wrap up in Lima, CEO took part in a press conference to reflect on what two weeks of negotiations mean for climate justice and the road to Paris. Organised by the Institute of Climate Action and Theory, CEO was joined by with Michael Dorsey (board member of Sierra Club) and Jagoda Munic (Chair of Friends of the Earth International).

Alternative Trade Mandate

Corporate Europe Forum