Oil corporations vs. Climate: how investors use trade agreements to undermine climate action

22 February 2016

In January, the Canadian company TransCanada announced its plan to sue the US government for more than US$15 billion under the North American Free Trade Agreement (NAFTA) – following the Obama Administration's rejection of the Keystone XL pipeline: one of the most notorious and reviled proposed fossil fuel projects worldwide.

This report demonstrates the threat of VIP privileges for corporations in major trade deals, to both democracy and the environment. It calls for the US, EU, Canada to reject VIP treatment for corporations and say no to any trade agreements that include special rights for foreign investors. Doing so is critical in the fight to protect our communities, our democracy, and our climate.

    • Agriculture

      Food and farming in Europe and its global impacts

    • Agrofuels

      Plant-based fuels from agriculture. Also known as biofuels

    • EU-US trade deal

      What’s at stake in negotiations for a transatlantic trade agreement

    • Food speculation

      Betting on foodstuffs, and how to regulate it

    • GMOs

      Genetically modified crops and organisms

    • Land

      Measuring Europe’s land footprint and tackling the drivers of land grabbing

    • Nature

      Standing up for our right to nature

    • Nature

      Standing up for our right to nature

    • Resource use

      Europe’s consumption of land, materials, water and carbon

    • Shale gas

      Unconventional oil and gas, and the ‘fracking’ process

    • Tar sands

      Unconventional oil, also known as oil sands

    • Water use

      Measuring Europe’s water footprint