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Slovenia withdraws from Energy Charter Treaty
Slovenia is no longer a party to the Energy Charter Treaty after the Foreign Affairs Committee unanimously endorsed the government’s proposal to withdraw.
Revealed: secret courts that allow energy firms to sue for billions accused of ‘bias’ as governments exit
Secret court set up under energy charter treaty accused of conflicts of interest, self-regulation issues and institutional bias.
Activists rejoice as Berlin announces exit from controversial energy treaty
The German government has announced its intention to withdraw from the Energy Charter Treaty, following similar decisions in other large EU countries, which left activists jubilant.
German parties agree to ratify CETA, quit energy charter
Germany’s ruling coalition parties have agreed a raft of new trade policy measures, including quitting the Energy Charter Treaty and ratifying the CETA agreement.
Brussels pleads with countries to stay in the Energy Charter Treaty
EU countries are voting with their feet, quitting the investor protection pact despite the EU’s efforts to reform it – but the European Commission warns it will be worse to be outside than in.
Romania loses arbitration versus investors in solar power
A tribunal operating under the World Bank has ruled in favor of ten companies that initiated arbitration with the argument that Romania violated the Energy Charter Treaty by lowering incentives for their solar power plants.
France becomes latest country to leave controversial energy charter treaty
Quitting the ECT, which protects fossil fuel investors from policy changes that might threaten their profits, was ‘coherent’ with Paris climate deal, Macron said.
CSOs warn Nigeria against acceding to the Energy Charter Treaty
Signing the ECT would give the transnational companies in the energy sector a weapon to re-colonise Nigeria, as it would also be incompatible with Nigeria’s economic diversification aspirations.
Dutch to leave Energy Charter Treaty because of climate change conflict
The Netherlands is leaving a controversial energy treaty because it conflicts with Paris climate accord commitments, energy minister Rob Jetten said
Spain to follow Italy and Poland and leave the Energy Charter
Spain has initiated proceedings to withdraw from the Energy Charter Treaty, signed by 53 countries and in force since 1998, designed to protect foreign investment in energy infrastructure.
ISDS in Nigeria: Investment regime reforms and the threats of joining the ECT
This report sheds light on Nigeria’s investment protection regime and its consequences for one of Africa’s biggest countries.
Newly released text for modernized Energy Charter Treaty shows too many potential obstacles for climate action
The text of the agreement in principle to modernize the Energy Charter Treaty leaves unanswered too many crucial questions about the possibility of further fossil fuel carveouts and the exact timing of its entry into force.
The not-so-hidden cost to “mega” energy deals : the Energy Charter Treaty (ECT) in East Africa (in conversation with Olivia Costa and Brenda Akankunda)
The ECT Secretariat, whose survival depends on continuation of the treaty, continues to lobby these countries to take additional steps towards acceding to the Energy Charter Treaty.
Poland drafts law to ‘terminate’ controversial Energy Charter Treaty
The draft law on the “termination of the of the Energy Charter Treaty” and its protocols was agreed by the Polish government on 10 August and sent to the country’s lower chamber.
Why can Ascent Resources demand half a billion euros from Slovenia?
Ascent Resources initiated an arbitration dispute in which it is demanding half a billion euros due to Slovenia’s request that an environmental impact assessment should be carried out before fracking in Petišovci.
ECT: “ecocide” treaty puts Member States and EU Commission at odds
European governments are still considering withdrawal from the Energy Charter Treaty, despite the EU Commission’s efforts to modernise the controversial pact, documents leaked to Investigate Europe reveal.
Germany bails out Uniper with multi-billion euro package
Germany has agreed to buy a stake in Uniper. The deal is subject to Uniper withdrawing a lawsuit against the Netherlands in connection with the Energy Charter Treaty.
Fossil fuel investment protection – it’s time for actions to speak louder than words
Political leaders and companies who are major contributors to climate change have expressed increasing commitment to playing a role in addressing climate change, but there appears to be a gap between these sentiments and negotiations...
Nigeria eyes global energy charter for investments
Nigeria is targeting to be part of the International Energy Charter (IEC), a global community that will enable it to attract Foreign Direct Investments (FDI) to accelerate power sector development.
Croatia loses international arbitration against Hungary’s MOL over gas business
Croatia has lost an international arbitration case launched by Hungarian oil and gas group MOL over Zagreb’s failure to fulfil obligations under an agreement about the gas business of the jointly owned Croatian oil company INA.