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TTIP: Chevron lobbied for controversial legal right as 'environmental deterrent'
(The Guardian, 26 Apr 2016) US oil company wanted EU-US trade deal to give foreign investors the legal right to challenge government decision, documents show.
Chevron lobbied the EU to give foreign investors the legal right to challenge government decisions in a major US-EU trade deal because it would act as a deterrent against laws such as fracking bans, the Guardian can reveal.
Environmentalists have long-warned that the Transatlantic Trade and Investment Partnership’s (TTIP) investor state dispute settlement (ISDS) commercial courts risk a regulatory chill, with governments backing away from measures limiting fossil fuel extraction for fear of lawsuits. But this is the first time that a major oil firm has corroborated their fears.
Details of the US oil company’s lobby drive in Brussels two years ago emerged as EU and US negotiators sat down in New York this week to begin a 13th round of talks aimed at securing the TTIP deal. France and Germany have both previously said they want the access to ISDS removed from TTIP.
The Guardian, 26 Apr 2016: TTIP: Chevron lobbied for controversial legal right as 'environmental deterrent' 
