Proposed Terms of the Comprehensive Economic and Trade Agreement (CETA) Could be Used to Challenge Canadian Fracking Bans

A May 6 briefing by Corporate Europe Observatory, the Council of Canadians and the Transnational Institute “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.”   A similar provision investment protection clause in the North American Free Trade Agreement (NAFTA) is the basis for a current challenge by Lone Pine Resources to a fracking moratorium in Quebec. See the briefing, The Right to Say No: EU-Canada Trade Agreement Threatens Fracking Bans (May 6) at  http://corporateeurope.org/publications/right-say-no-eu-canada-trade-agreement-threatens-fracking-bans .