ECT

Energy Charter Treaty

MEPs urge EU to be ready to dump disputed energy treaty
Cross-party MEPs called on the European Commission to be prepared to withdraw from the controversial Energy Charter Treaty, if negotiations for its modernisation fail.
Key international legal measures risk making the cost of green energy shift skyrocket
A complex set of international legal measures protecting the fossil fuel industry risks significantly increasing the cost of moving to green energy and tackling climate change, a new report reveals.
Costs rise in Vattenfall lawsuit over German government’s nuclear phase-out
The German government writes that around 21.7 million euros have been spent on lawyers, expert witnesses and court fees.
Ukraine renewables feed-in tariff reduction could lead to investor action
Investors in renewable energy projects in Ukraine are considering legal action after feed-in tariffs for solar and onshore wind power plants were reduced retroactively to 2015, according to an expert.
Corporate courts vs. climate action
The Energy Charter Treaty, which hardly anyone knows about, is a powerful instrument for fossil fuels companies to prevent climate protection.
Japan backs ISDS in fierce debate at Energy Charter Treaty review
A written submission from Japan published by the ECT secretariat rejected language on the “right to regulate” and changes to the investor-state dispute resolution mechanism.
Energy companies keep right to sue states in private courts, as treaty reforms blocked
Negotiators have ruled out an overhaul of private courts that allow energy companies to sue national governments when climate change policies hurt their profits.
Fracking company sues Slovenia over ‘unreasonable’ environmental protections
A British oil and gas company is using a controversial energy treaty to sue Slovenia, after being required to carry out an environmental impact assessment
Australian mining firm launches arbitration proceedings against Poland
Australian mining firm Prairie Mining has launched international arbitration proceedings against Poland, claiming damages for the alleged hindering of the development of its two coal mines located in the country.
‘Obsolete’ Energy Charter Treaty must be reformed or ditched, lawmakers say
The 1991 Energy Charter Treaty must be profoundly overhauled in order to remove all “obsolete” provisions protecting fossil fuel investments and hindering climate action, lawmakers from across Europe said.