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ECT

Japan backs ISDS in fierce debate at Energy Charter Treaty review
17-Sep-2020 AFTINET
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
16-Sep-2020 Climate Home News
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
10-Sep-2020 Climate Home News
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
10-Sep-2020 First News
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
8-Sep-2020 Euractiv
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.
Japan blocks green reform of major energy investment treaty
8-Sep-2020 Climate Change News
The Japanese government is blocking reform of a treaty that allows energy companies to sue nation states when climate policies affect their profits.
How the little-known Energy Charter Treaty is holding environmental policy hostage
7-Sep-2020 Equal Times
Is it possible to take urgently needed action on climate change while simultaneously protecting the fossil fuel industry, the very cause of climate imbalance?
Treaty claims against the Republic of Slovenia by Ascent Resources Plc and Ascent Slovenia Ltd
14-Aug-2020 Investegate
Ascent Resources Plc and its subsidiary Ascent Slovenia Ltd have formally notified Slovenia of the existence of disputes under the UK - Slovenia bilateral investment treaty and the Energy Charter Treaty.
Green NGOs demand EU dumps controversial energy treaty
14-Jul-2020 EU Observer
Green groups have renewed their demand for the EU and member states to jointly withdraw from the controversial Energy Charter Treaty (ECT).
The obscure treaty that could kill a global green recovery
9-Jul-2020 The New Republic
The Energy Charter Treaty, with 53 signatories, allows energy companies to sue states that make their business unprofitable.
EU must end investment protection in the fossil sector
6-Jul-2020 Euractiv
The Energy Charter Treaty, which dates back to the 1990s, severely restricts Europe’s ability to change regulations in the energy sector, with many EU member states facing court actions worth billions of euros, write a group of MEPs.
Countries serious about climate change should leave the Energy Charter Treaty, says former ECT official
3-Jul-2020 bilaterals.org
Interview with Yamina Saheb, former head of unit in the Energy Charter Treaty Secretariat .
Prairie Mining secures litigation funding to sue Poland
2-Jul-2020 ShareCast
The claims had arisen out of certain measures taken by Poland, allegedly in breach of the Energy Charter Treaty and the Australia-Poland Bilateral Investment Treaty.
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.