Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

Laughing all the way to the bank

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Plans to exclude some offsetting projects from the EU's Emissions Trading System, due to be formally approved this month, have been watered down following lobbying by big business. Corporate Europe Observatory has obtained documents which show that BusinessEurope, the International Emissions Trading Association (representing carbon traders), the chemical lobby group CEFIC and some big companies such as Enel, lobbied DG Enterprise to sabotage DG Clima's proposals. The business groups found an ally in DG Enterprise. The ban will prohibit industrial gas offsets, which currently account for more than half of the available credits and are bought by European polluters as an alternative to cutting pollution at home. Read the full article here:
 
Sign the petition to ‪cancel Greek debt‬
Following the publication of the Carte Blance for Fracking report earlier this year, CEO and Friends of the Earth Europe have submitted a complaint to the European Ombudsman about the industry dominated advisory group convened by the Commission to get fracking introduced through the back door.
Has the issue of tax avoidance ever been as important as in the current era of (Commission-backed) austerity? Public budgets continue to be slashed for want of public money, yet the news is filled with corporations avoiding taxes at the same time as their profits are at a record high. So it should be of serious concern to Europe's 500 million citizens that the European Commission has invited to its new advisory group on taxation the very same organisations involved in avoiding it, as well as their tax advisors.
Corporate Europe Forum