The Guardian reports: The latest draft version of the TTIP agreement could sabotage European efforts to save energy and switch to clean power, according to MEPs.
A 14th round of the troubled negotiations on a Transatlantic Trade and Investment Partnership (TTIP) free trade deal between the EU and US is due to begin on Monday in Brussels.
A leak obtained by the Guardian shows that the EU will propose a rollback of mandatory energy savings measures, and major obstacles to any future pricing schemes designed to encourage the uptake of renewable energies.
Environmental protections against fossil fuel extraction, logging and mining in the developing world would also come under pressure from articles in the proposed energy chapter.
Paul de Clerck, a spokesman for Friends of the Earth Europe, said the leaked document: “is in complete contradiction with Europe’s commitments to tackle climate change. It will flood the EU market with inefficient appliances, and consumers and the climate will foot the bill. The proposal will also discourage measures to promote renewable electricity production from wind and solar.” [Continue reading…]