London could become the European capital of state-owned asset seizure
Madridโs appeal looks like it will determine just how vulnerable other EU countries are to their valuable assets being targeted in the U.K.
Madridโs appeal looks like it will determine just how vulnerable other EU countries are to their valuable assets being targeted in the U.K.
Coordinated withdrawal agreed after several member states and UK have quit energy charter treatyEuropean lawmakers have voted to escape a treaty that lets investors sue governments in private courts for pursuing policies that stop the planet from heati…
Parliamentโs approval is needed for the EU to exit from the Energy Charter Treaty.Committee on International TradeCommittee on Industry, Research and Energy Source : ยฉ European Union, 2024 – EP
The ECT was created in 1994 as a way to foster cooperation between countries on energy matters as well as generate and protect investment in energy ventures in post-Soviet countries.
The EUโs executive body has moved to simultaneously withdraw from the Energy Charter Treaty while allowing individual member states to vote on its modernisation, according to the plan proposed to European lawmakers on Thursday.
Britain joins France, Germany, Spain and the Netherlands in withdrawing from charter it says โpenalisesโ shift to net zeroThe UK is pulling out of a treaty that lets fossil fuel firms sue governments over their climate policies.The UK will quit the con…
Critics say the Energy Charter Treaty allows fossil fuel companies to sue governments over green policies.
Exclusive: Officials fear secret courts will block climate action and divert billions into coffers of fossil fuel investorsA Jersey-based oil-refining company is suing the EU, Germany and Denmark for at least โฌ95m over a windfall tax introduced during …
Tory rebels of all stripes are taking matters into their own hands as the government’s flagship energy law returns to the House of Commons.
Graham Stuart says if reforms to energy charter treaty not passed by November, UK would consider exit. EURACTIV’s media partner, The Guardian, reports.
The energy bill is due to return to the U.K. parliament โ and that means trouble for Rishi Sunak.
Portugalโs Environment Minister Duarte Cordeiro annouced this week that the country has started withdrawing from the Energy Charter Treaty, in line with a proposal tabled by the European Commission two weeks ago.
Brussels is also withdrawing a proposal to modernize the decades-old treaty.
The European Commission proposed on Friday (7 July) that EU countries jointly quit an international treaty that has been criticised for blocking efforts to fight climate change because its protection of energy investments extends to fossil fuels.
The European Commission has formally proposed a “coordinated and orderly” withdrawal from the Energy Charter Treaty.
As the EU Commission announces its proposal to withdraw from the Energy Charter Treaty, EUobserver dives deeper into the core questions surrounding what critics dub the ‘ecocide treaty’ โ and the reasons behind the withdrawal.