The ongoing EU-US trade negotiations, TTIP, seek to bring rules on both sides of the Atlantic together by means of so-called regulatory cooperation. Our new report with LobbyControl "Dangerous Regulatory Duet" finds that regulatory cooperation procedures have already been used to delay, water down and prevent legislation in the public interest.
Proposed special rights for corporations in EU trade deals such as CETA and TTIP threaten to prevent the necessary energy transition to tackle climate change. Polluting corporations are already using the dangerous investor privileges in trade and investment deals to challenge progressive energy policies.
Two separate developments on European regulatory issues – regulatory cooperation under TTIP and the "Better Regulation Agenda" – are set to introduce a new style of rulemaking in the EU, one that would introduce severe obstacles to anything that would against the interests of multinational corporations in the EU and the US.