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TC Energy loses $15-billion NAFTA lawsuit against US
19-Jul-2024 The Monitor
The welcome decision shines a light on Canada’s flawed defence in similar investor-state case against Canada.
Why Switzerland is diverging from Europe on a key energy treaty
18-Jul-2024 Swiss Info
The European Union will withdraw from the Energy Charter Treaty, an international agreement that protects investments in coal and oil. But Switzerland is sticking to the agreement which scientists considered incompatible with climate goals.
Dismissal of $15 billion NAFTA legacy case on Keystone XL pipeline is welcome, but billions in egregious claims still remain
17-Jul-2024 Public Citizen
The World Bank has dismissed Canadian oil company TC Energy’s $15 billion ISDS case against the US sought due to lack of jurisdiction.
EU notifies exit from Energy Charter Treaty and puts an end to intra-EU arbitration proceedings
2-Jul-2024 European Commission
The EU has taken the final step to exit the Energy Charter Treaty; the Union and its Member States have also reached a formal agreement to put an end to the continuation of intra-EU arbitration proceedings under the ECT.
India to seek three-year carbon tax exemption for small businesses in upcoming free trade talks with EU
18-Jun-2024 MSN
India is likely to ask for a three-year exemption for its micro, small and medium enterprises from a proposed mandatory tariff on carbon-intensive imports in talks on a free trade deal with European Union negotiators
Biden should end the fossil fuel industry’s secret weapon
11-Jun-2024 Counter Punch
There is an obscure mechanism by which fossil fuel companies maintain their global domination even as their products are destroying our futures.
ISDS courts have helped fossil fuel firms rake in $80 billion in public money
11-Jun-2024 Common Dreams
"ISDS is the secret weapon for fossil fuel companies against climate laws," said one advocate.
13 IPEF members ink clean fair economy agreements India to sign after domestic approval
7-Jun-2024 The Week
The government said 13 IPEF (Indo-Pacific Economic Framework for Prosperity) bloc members have signed fair and clean economy agreements, while India will ink the deal after getting domestic approval.
Secretive court system has awarded over $100bn public money to corporations, finds new analysis
6-Jun-2024 The Guardian
More than $100bn of public money has been awarded to private investors in investor-state dispute settlement (ISDS) courts, according to the most comprehensive analysis yet.
US, Indo-Pacific partners holding talks in Singapore on clean energy
4-Jun-2024 Reuters
The US-led Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a "Clean Economy" investor forum to boost infrastructure and climate investments across the region.
US, Indo-Pacific partners holding talks in Singapore on clean energy
3-Jun-2024 The Jakarta Post
The US-led Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a "Clean Economy" investor forum to boost infrastructure and climate investments across the region.
An international law framework for climate-aligned investment governance
3-Jun-2024 CCSI
International Investment and Trade Law should be reformed for climate-aligned investment governance.
New Sierra Club report: Trading away our climate exposes how trade pacts undermine climate action
3-Jun-2024 Sierra Club
Report urges elimination of ISDS Provisions, calls for stronger trade policies to protect climate.
Historic victory: Council gives green light for EU withdrawal from climate-wrecking Energy Charter Treaty
31-May-2024 CAN Europe
The Council of the EU adopted a historic decision to withdraw the European Union from the Energy Charter Treaty, an international investment treaty from the 1990s increasingly used by the fossil fuel industry to sue governments over their climate and energy policies.
Resisting green colonialism for a just transition
20-May-2024 Global Justice Now
A serious overhaul of how we run the economy and live our lives is needed to tackle the climate crisis – and there are signs that decision makers are recognising the urgent need for a ‘green transition’: a massive shift from fossil fuels to renewable energy systems.
The EU’s critical minerals crusade
16-May-2024 SOMO
The EU is aggressively pursuing critical minerals globally to benefit from the energy transition, securing access via trade agreements and partnerships. Failure to address resource overconsumption risks reinforcing inequalities and intensifying extractivism.
The global laws that help corporations block climate action
6-May-2024 Jacobin
Companies have long used international treaties to try to prevent Global South countries from asserting economic sovereignty. In recent decades, corporations have used such laws to stymie European governments’ attempts to tackle the climate crisis.
Major victory as the European Parliament votes overwhelmingly in favour of exiting the climate-wrecking Energy Charter Treaty
25-Apr-2024 CAN Europe
The European Parliament voted today largely in favour of the Commission’s proposal for the European Union to withdraw from the Energy Charter Treaty, a landmark move that campaigners across Europe have been demanding for years.
MEPs support exit from treaty allowing big oil to sue governments over climate action
10-Apr-2024 Euronews
In a decisive committee vote, MEPs have supported the European Union’s exit from the Energy Charter Treaty over concerns its global investor-state dispute settlement system has been weaponised to sue governments over climate policy. Image d’illustration.
Trade and climate internationalism
2-Apr-2024 The Ecologist
Trade deals are used to extract valuable resources from the Global South - but a recent victory shows we can make a difference.