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Stop ISDS campaign 2019

Canadian company TransCanada wants to sue the US for over US$15 billion in compensation - because President Obama rejected the contested Keystone XL oil pipeline. Another warning sign for extreme corporate rights in EU trade deals such as TTIP and CETA.

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. 

Les mêmes grandes entreprises à la manœuvre dans le tafta/ ttip et la COP21.

Publicly, business lobby groups are heavily pushing the idea that TTIP will benefit small and medium-sized enterprises (SMEs). But behind closed doors they admit the reality: that small companies will “face increased competition” and that “benefits remain hypothetical”.

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"Wait a minute. I don’t really get what ISDS is. ...." Here is our straightforward "What is What" on Investor-State Dispute Settlement - and why it's so dangerous.

Under ISDS corporations and the rich have sued governments for billions of euros – for anything from introducing health warnings on cigarettes to banning dirty oil drilling. Citizens, campaigners and social movements are uniting in 2019 to put an end to this parallel justice system for big business.

Whenever a government passes a law which could potentially affect profits, the ISDS system enables companies to hit back with lawsuits for damages - often worth billions of euros. Under the ISDS (Investor-State Dispute Settlement) system, corporations have already sued countries for anything from introducing health warnings on cigarettes to placing a moratorium on fracking.

Fresh opposition has been voiced against a highly controversial EU policy negotiation overseen by the new Romanian EU Presidency in the coming weeks: 160 mayors, parties, trade unions and NGOs, including Corporate Europe Observatory, today wrote to the Presidency to underline their strong concerns about the ‘Services Notification Procedure’.

Coal garnered much media attention, thanks to the Polish Government and US President Trump’s support. But it was the gas industry that really stunk up the conference, its influence seeping into all corners of the negotiating halls. Luckily activists and communities were present to call industry out and demand real solutions.