The EU opened trade talks for a Comprehensive Economic Partnership Agreement (CEPA) with Indonesia in 2016. Europe and Indonesia both have clear objectives for the trade deal, from increased sales in machinery and transport equipment, to raw materials such as palm oil. Palm oil is a key strategic interest for the Indonesian government. This report outlines how trade liberalisation may lead to some unintended, but avoidable consequences for natural resources, notably forests and timber; biodiversity; and human rights of indigenous peoples.
The European Parliament today adopted a new law to phase out highest-emitting biofuels made from palm and soybean oil. The law states that these harmful biofuels cannot grow above each country’s 2019 consumption levels and should gradually decrease from 2023 onwards until reaching 0% in 2030. Whilst the principle of phasing out palm and soy biofuels is enshrined in the new law, the Commission has until 1 February 2019 to publish a delegated act establishing the science-based criteria to carry out the commitments made by the EU Parliament and governments.
“As expected” mumbled Commission president Juncker when an aide passed him a note saying Trump had decided to impose tariffs on European steel and aluminium. The American administration had been playing with the Europeans for nearly two months but threats of retaliation, offers of new trade deals (TTIP light), and a grand visit from the French president had done nothing to dissuade US president Donald Trump.
Britain’s supply of electric and plug-in hybrid vehicles could dry up after Brexit as carmakers will lose a strong incentive to sell low-emission vehicles there, a new report has found. The UK was the third largest market for zero emission vehicles in the EU last year, and the largest for plug-in hybrids. But as British sales of these cars will no longer count towards carmakers’ EU CO2 targets after Brexit, they may choose not to sell them in the UK at all, according to the analysis by sustainable transport group Transport & Environment (T&E).
The automotive industry plays a vital role in the economy of the EU and the UK, representing a significant part of exports and employing millions of people. However, the UK departure from the EU Single Market on 29 March 2019 could inflict profound harm to its automotive industry and, consequently, to its economy. This report analyses the consequences of Britain's departure from the EU for the automotive sectors in the UK and Europe.
Europe’s chief negotiator on the UK’s exit from the EU has insisted that Britain must agree to abide by EU environmental rules if it wants access to the internal market. Speaking at a special debate organised by the Group of 10 leading Brussels-based environmental groups (G10) earlier this month, Michel Barnier said the UK must agree to a ‘non-regression clause’ being included in its post-Brexit trade agreement with the 27-member bloc.
Countries will meet at the United Nations Commission on International Trade Law this week, in the UN’s famous New York City building, to discuss modernising the mechanism that enables foreign firms to sue governments for what they perceive as unfair policy measures that can harm future profits. This is commonly known as investor-state dispute settlement, or ISDS. The European Commission’s proposal to reform this archaic system will form the core of the discussions.
The UK cannot enjoy its current access to the EU air transport market after it leaves the EU unless it also commits to respecting EU aviation rules, a new report by T&E says. The report examines how to safeguard efforts to reduce the environmental impact of aviation after ‘Brexit’, and concludes that everyone stands to benefit if the British government adheres to EU rules on emissions trading and state aid.
UK flights must abide by EU environmental rules after Brexit if Britain wants to the retain its current level of access to the European aviation market. That’s according to a report by sustainable transport group Transport & Environment (T&E) which looked at how to ensure environmental protection in the aviation sector continues after the UK leaves the bloc. It recommends that EU rules on the aviation emissions trading system (ETS) and state aid should continue to apply to the UK. This would maintain a check on aviation emissions and prevent increased UK subsidies for airport infrastructure and airlines which would be distortive and detrimental to the environment.
The French president has reiterated his call for a European carbon tax on the EU’s borders to guarantee fair competition for companies taking action to reduce their climate impact. The idea – which featured in T&E’s report, Can trade and investment policy support ambitious climate action?, last month – has been gathering momentum and was previously endorsed by IMF chief Christine Lagarde and Nobel-winning economist Paul Krugman.