TC Energy expects to get 15 times more money, coming from taxpayers’ pockets, than the asset losses it experienced from the revocation of a permit, that was already denied twice.
Corporate courts were invented to protect the West’s control of the world against decolonisation. They are now undermining attempts to halt climate change.
‘Any policy allowing imports that do not match UK animal welfare policies simply props up an industry the public has firmly rejected,’ says critic.
Secretive tribunals allow fossil fuel companies to sue governments for passing laws to protect environment.
Figuring out how to address a worldwide climate crisis using institutions and instruments developed in the past century isn’t easy.
Little progress has been made to modernise a controversial agreement on energy investments that activists warn could derail decarbonisation efforts in Europe and across the globe, according to leaked documents.
TC Energy Corporation filed for compensation under a free trade provision that allows investors to sue governments if they impede profits.
More than 400 are calling on political leaders across all European countries to prioritise climate policies, to stick to their climate commitments, and therefore to initiate withdrawal from the Energy Charter Treaty by COP26.
TC Energy has lodged a US$15 billion Investor-State Dispute Settlement claim against the US government.
Emissions from increased bilateral trade in 10 farm products are expected to go up by 15%, compared to 2019, if the EFTA-Mercosur free trade agreement is implemented.
CIDSE, MISEREOR and Greenpeace published a new legal opinion that proves that in order to provide effective protection of human rights and environmental standards, the agreement needs to be renegotiated.
The European Union is seeking meaningful commitments on climate change and deforestation from Brazil and other Mercosur countries by the end of 2021.
It’s time to reconsider investor-state dispute settlement; inaction risks rising costs of shifting from fossil fuels to green alternatives.
This obscure treaty from the 1990s grants sweeping rights and protections to big energy investors – mainly fossil fuel companies.
German energy company Uniper has confirmed its intention to sue the Dutch government over the country’s planned coal phase-out.
Energy conglomerates have recourse to special courts and legal regimes that they helped design – and they won’t go down without a fight.
The African Trade Policy Centre is preparing the first ever Strategic Environmental Assessment (SEA) of the AfCFTA to guide on how environmental considerations can be effectively incorporated into the agreement.
Corporate courts are an unjust mechanism that can block climate action. The UK should reject them.
To realise a future beyond fossil fuels, it is imperative to look at how to disentangle the legal shackles that enable companies to frustrate climate policy and shift the burden of their stranded assets onto the shoulders of taxpayers through arbitration claims.
Mere “political commitments” will not be enough to ratify the agreement between the European Union and Mercosur countries, a French cabinet minister said.