The TTIP will not help people in lower income groups to make progress, and could possibly even harm them, as consumer prices rise. In addition, the TTIP will increase coal consumption by 0.3% and gas consumption by 0.2% and lead to a growth in CO2 emissions of between 0.2% and 0.3%. Furthermore, the TTIP presents a threat to the agreements on climate signed late last year in Paris. The SP has drawn these conclusions from the draft environmental report published by the research bureau Ecorys, which examines the sustainability of the Transatlantic Trade and Investment Partnership currently under negotiation by the European Union and the United States.
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