Trade - global

A large field of fracking sites in a Colorado valley. 'The industry’s singular solution to the climate crisis is to dramatically expand an extraction process that releases massive amounts of climate-destabilising methane.' Photograph: Ted Wood/Aurora Photos/Corbis

From climate change to Crimea, the natural gas industry is supreme at exploiting crisis for private gain – what I call the shock doctrine

theguardian.com - by Naomi Klein - April 10, 2014

The way to beat Vladimir Putin is to flood the European market with fracked-in-the-USA natural gas, or so the industry would have us believe. As part of escalating anti-Russian hysteria, two bills have been introduced into the US Congress – one in the House of Representatives (H.R. 6), one in the Senate (S. 2083) – that attempt to fast-track liquefied natural gas (LNG) exports, all in the name of helping Europe to wean itself from Putin's fossil fuels, and enhancing US national security.

Image: “No standard in Europe will be lowered because of this trade deal; not on food, not on the environment, not on social protection, not on data protection,” EU trade commissioner Karel De Gucht said in February, before meetings this week in Brussels to negotiate the details of the Transatlantic Trade and Investment Partnership (TTIP). Photograph: Georges Gobet/AFP

theguardian.com - March 14th, 2014 - Karl Mathiesen

Both the EU and US are adamant TTIP will not affect both regions’ environmental protection standards. But green groups, forewarned by past experiences of free trade agreements, are incredulous.