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Leaked TTIP Proposals Threaten to Subvert EU’s Green Energy Policy

© REUTERS / Kai PfaffenbachProtesters demonstrate against Transatlantic Trade and Investment Partnership (TTIP) free trade agreement ahead of U.S. President Barack Obama's visit in Hanover, Germany April 23, 2016
Protesters demonstrate against Transatlantic Trade and Investment Partnership (TTIP) free trade agreement ahead of U.S. President Barack Obama's visit in Hanover, Germany April 23, 2016 - Sputnik International
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The latest draft text of the controversial EU-US free trade pact intends to scrap binding energy saving measures and discourage electricity production from renewable sources, according to media reports.

Greenpeace activists hang a banner depicting U.S President Barack Obama at the Metropolis building on Gran Via street in Madrid, Spain, July 10, 2016. - Sputnik International
Greenpeace Hangs Anti-TTIP Banner From Madrid Building Amid Obama's Visit
MOSCOW (Sputnik) — Newly-leaked energy chapters of the controversial EU-US free trade pact threaten to nip in the bud EU’s shift toward renewables, The Guardian newspaper reported Monday.

The Transatlantic Trade and Investment Partnership (TTIP) deal between Washington and EU member states has been touted to promote energy efficiency and eco-power.

But the latest draft text seen by the UK outlet intends to scrap binding energy saving measures and discourage electricity production from renewable sources.

According to The Guardian, it will oblige signatory countries to rely on self-regulation of energy industry and "reduce or eliminate trade and investment distorting measures" in developing world, where EU countries have protections in place to curb logging and fossil fuel extraction.

"These proposals are completely unacceptable. They would sabotage EU legislators’ ability to privilege renewables and energy efficiency over unsustainable fossil fuels," Claude Turmes, the Green member in the European Parliament, told the newspaper.

TTIP negotiations have been held behind closed doors since 2013. A fourteenth round of talks is scheduled to begin on Monday.

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