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NextEra wins millionaire renewables lawsuit against Spain
18-Jun-2020 The Corner
The ICSID has lifted the suspension on the execution of the €290 million award NextEra obtained a year ago.
Africa should resist acceding to the Energy Charter Treaty
11-Jun-2020 Daily Monitor
Joining the Energy Charter Treaty could cost developing countries money that is urgently needed to fight Covid-19 and a loaming economic crisis. The Energy Charter Treaty has become increasingly controversial.
Companies sue states for ­ climate-protection measures
4-Jun-2020 D+C
On the basis of the Energy Charter Treaty, companies are suing countries for damages when the latter decide to phase out or limit the use of fossil fuels.
Wind farm owner sues Romania at WB’s arbitrage court
27-May-2020 Romania-Insider
Cyprus-based offshore EP Wind Project (Rom) Six Ltd claims that Romania has breached the Energy Charter Treaty.
Energy Charter Treaty: EU text proposal for the modernisation (May 2020)
27-May-2020 European Commission
Coal generator uses investment treaty to fight Netherlands coal phaseout
22-May-2020 Climate Change News
Uniper is using a controversial investor dispute system to claim up to €1 billion compensation for being forced to close a coal power station early.
Russia appeals decision of Hague Court of Appeal on Yukos
18-May-2020 TASS
On February 18, The Hague Court of Appeal reinstated an order of the Permanent Court of Arbitration, which obliged Russia to pay more than $50 bln to the companies associated with former Yukos shareholders in 2014.
The unknown climate-killer deal we’ll have to tackle next
18-May-2020 Friends of the Earth Europe
The Energy Charter Treaty takes an axe to climate action.
The termination of bilateral investment treaties in the EU – one agreement to end them all?
11-May-2020 TaylorWessing
On 5 May 2020, 23 Member States of the EU entered into an Agreement for the Termination of Bilateral Investment Treaties between the Member States of the European Union.
Modernisation of the Energy Charter Treaty
10-May-2020 OpenExp
A global tragedy at a high cost for taxpayers.
EU plans to reform Energy Charter Treaty falling short, activists say
30-Apr-2020 Euractiv
An updated European Commission proposal to reform the Energy Charter Treaty is falling short of what’s needed to reinstate governments’ “right to regulate” in areas like climate change, activists say.
Despite controversy, the Energy Charter Treaty is silently being pushed into Africa
21-Apr-2020 Euractiv
Joining the Energy Charter Treaty could cost developing countries money that is urgently needed to fight the COVID-19 pandemic and economic crisis.
Silent expansion
15-Apr-2020 CEO
Many countries, particularly in the global south, are in the process of joining the Energy Charter Treaty despite the sweeping powers it grants to foreign investors.
Risky business: Uniper’s potential investor-state dispute against the Dutch coal ban
18-Mar-2020 EJIL: Talk!
While policies aiming to phase out coal are necessary to tackle climate change, they may give rise to legal claims from companies whose investments are adversely affected by the low-carbon energy transition.
The Energy Charter Treaty threatens the European Green Deal, NGOs denounce
16-Mar-2020 Glasgow Guardian
Civil society activists and scientific experts denounce the unsustainable practice of investment disputes under the Energy Charter Treaty.
Court reinstates order for Russia to pay $50 bln over Yukos
18-Feb-2020 New York Times
A Dutch appeals court reinstated an international arbitration panel’s order that it should pay $50 billion compensation to shareholders in former oil company Yukos.
Vattenfall procedure has cost almost 20 million euros
22-Jan-2020 WirtschaftsWoche
The energy company Vattenfall is demanding compensation from the Federal Republic of Germany. The costs for the arbitration proceedings could exceed 20 million euros this year.
Agreement for the termination of bilateral investment treaties between the Member States of the European Union (EU draft, Nov 2019)
8-Jan-2020 IAReporter
As leaked by IAReporter
Beyond repair? The Energy Charter Treaty
16-Dec-2019 FOEE
An obscure investment agreement, the Energy Charter Treaty, threatens to undermine bold climate action to transform Europe’s energy system.
Sweden sued for $1.8 billion due to environmental regulation
13-Dec-2019 Handelsgranskaren
For the first time, Sweden has recieved a notice of arbitration for banning the exploration and mining of uranium.