As European Union (EU) member states consider the implications of environmentally risky shale gas development (fracking), negotiations are underway for a controversial EU-Canada Comprehensive Economic and Trade Agreement (CETA) which would grant investors the right to challenge governments’ decision to ban and regulate fracking.
This briefing highlights the public debate around fracking; the interests of Canadian oil and gas companies in shale gas reserves in Europe; and the impacts an investment protection clause in the proposed CETA could have on governments’ ability to regulate or ban fracking. It examines the case study of the company Lone Pine Resources Inc. versus Canada, which, using a similar clause is challenging a fracking moratorium and suing the Canadian government for compensation, and warns this could be the state of things to come in Europe. It recommends that the investor-state dispute settlement mechanism should not be included in CETA.
May 2013
The right to say no (PDF 751.58KB)
http://www.tni.org/sites/www.tni.org/files/download/ceta-fracking-briefingen.pdf
Le droit de dire non (PDF 690.11KB)
http://www.tni.org/sites/www.tni.org/files/download/ceta-fracking-briefingfr.pdf
About the authors
Cecilia Olivet
Cecilia Olivet is a political scientist who specialises in the European Union’s trade and investment agenda, the international investment regime and regional integration issues. Cecilia is Uruguayan, has a BA degree in International Relations from Universidad de la República in Uruguay and an MA in International Politics and East Asia from Warwick University, UK. In 2005, she joined TNI where she contributes to the Economic Justice, Corporate Power and Alternatives team with research, analysis, campaigning and network facilitation. She coordinates the initiative People’s Agenda for Alternative Regionalisms (PAAR) and is involved in the work of networks such as Seattle to Brussels (S2B), Our World is not for Sale (OWINFS) and Bi-regional Network Europe-Latin America Enlazando Alternativas.
Timothé Feodoroff
Timothé Feodoroff brought his enthusiasm to the agrarian justice programme shortly after graduating from a MA in Agricultural and Rural Development Studies from the Institute of Social Studies (The Hague). He holds a BA in International Studies from the University of Montreal (Canada). Besides strong taste for social and environmental justice he also has copious appetite food matters.