Energy News  
TRADE WARS
France seeks 'green veto' in EU-Canada trade deal
by Staff Writers
Paris (AFP) Oct 25, 2017


France is seeking "climate veto" powers over the EU's landmark trade deal with Canada to ensure it does not undermine efforts against global warming, Environment Minister Nicolas Hulot said Wednesday.

Hailed by the European Union as one of its most ambitious trade deals ever, the Comprehensive Economic and Trade Agreement went into force last month despite lingering concerns from environmentalists.

CETA has been implemented on a provisional basis pending approval by the EU's 38 national and regional parliaments, which could take years.

One of its most controversial measures is an investment protection scheme which allows companies to pursue legal arbitration if they believe their rights have been violated by a change in government policy.

This raised huge concerns among activists who fear European countries could roll back rules on health and the environment if faced with opposition from powerful multinationals.

Hulot said France, which is among the countries yet to ratify, would seek extra protections against this.

"We will put in place what you might call a form of climate veto," Hulot said as the French government unveiled an action plan on how to implement the deal.

This "would assure that from the moment the measures are put in place, our climate commitments could in no case be attacked by investors, notably in arbitration tribunals," Hulot said.

Foreign Minister Jean-Yves Le Drian said France was seeking to be "exemplary" in its implementation of the deal, including monitoring its impact on key industries such as farming.

There have been calls for tight controls to ensure products such as hormone-treated beef remain banned in Europe, while the French meat industry has raised concerns that a flood of Canadian imports could seriously damage business.

Seven years in the making, the deal eliminates customs duties on 98 percent of products traded between Europe and Canada, affecting 510 million European consumers and 35 million Canadians.

France will likely ratify the agreement in the second half of next year, Hulot said.

TRADE WARS
Cognac craze in US, China prompts Hennessy expansion
Paris (AFP) Oct 18, 2017
The world's biggest brandy producer Hennessy on Wednesday opened a new plant in southwest France to try to satisfy the seemingly insatiable thirst for its liquor in the US and Asia. The venerable distillery, which was bought by LVMH luxury goods group in 1987, sold 83.8 million bottles of drink last year. Half of its output went to the US and a quarter to Asia, excluding Japan. The n ... read more

Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Japan faces challenges in cutting CO2, Moody's finds

IEA: An electrified world would cost $31B per year to achieve

'Fuel-secure' steps in Washington counterintuitive, green group says

SLAC-led project will use AI to prevent or minimize electric grid failures

TRADE WARS
Electronic entropy enhances water splitting

Sulfur may be key for safe rechargeable lithium batteries

PPPL takes detailed look at 2-D structure of turbulence in tokamaks

The blob that ate the tokamak

TRADE WARS
Construction to begin on $160 million Industry Leading Hybrid Renewable Energy Project

A kite that might fly

Scotland outreach to Canada yields wind energy investment

First floating wind farm starts operation in Scotland

TRADE WARS
German utility sees potential in rooftop solar

How solar peaker plants could replace gas peakers

Transparent solar technology represents 'wave of the future'

Clean Energy Collective Starts Construction on SCE and G Community Solar Facilities

TRADE WARS
South Korea to push ahead with nuclear power plants

AREVA NP installs a system allowing flexible electricity generation at Goesgen nuclear power plant

MATRIX pitched as a game changer for used fuel dry storage

Dessel: a new step forward with the dismantling of the site

TRADE WARS
Expanding Brazilian sugarcane could dent global CO2 emissions

Stiff fibers spun from slime

Converting carbon dioxide to carbon monoxide using water, electricity

Separating methane and CO2 will become more efficient

TRADE WARS
High gas prices may crimp holiday spending, AAA finds

Hess goes on divestment streak to fund mega oil field

Bullish signals emerging for crude oil prices

IHS: Investments moving away from U.S. Gulf of Mexico

TRADE WARS
US ocean observation critical to understanding climate change

Geologic evidence is the forerunner of ominous prospects for a warming earth

'Plan B': Seven ways to engineer the climate

British government unveils green spending plans









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.