Leaked Memo: Trade Agreement Would Export Fracked Gas Without Restrictions From U.S. to EU
This week, negotiators from the U.S. and the EU began their fifth round of negotiations on the Transatlantic Free Trade Agreement, also known as the Transatlantic Trade and Investment Partnership (or TTIP). Because the negotiations are all happening behind closed doors, the public is left largely in the dark about the content of the discussions...[T]his week, an EU negotiation position "on raw materials and energy" was leaked to The Huffington Post. The text is nothing short of a wish list of demands from Big Oil and Gas, which will lock in any of their investments in fossil fuels in general, and shale gas and fracking in particular...This leak shows that civil society groups on both sides of the Atlantic have been right all along to be suspicious about what is being negotiated behind closed doors. The expression "No news is good news" clearly does not apply to the transatlantic free trade deal. The more we learn about the ongoing negotiations, the less we like it.