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#energychartertreaty — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #energychartertreaty, aggregated by home.social.

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  1. EU to investigate €42m arbitration award in Romania energy dispute

    Romania could be let off the hook for a multi-million euro payout to investors as Brussels investigates whether…
    #Romania #RO #Europe #Europa #EU #arbitrationaward #EnergyCharterTreaty #EuropeanCommission #romania #stiri
    europesays.com/3164195/

  2. EU to investigate €42m arbitration award in Romania energy dispute

    Romania could be let off the hook for a multi-million euro payout to investors as Brussels investigates whether…
    #Europe #EU #EuropeanCommission #arbitrationaward #EnergyCharterTreaty #Romania
    europesays.com/europe/105906/

  3. Cererea de anulare a despăgubirilor de 42 de milioane de euro, respinsă

    România a pierdut definitiv la Curtea Internațională de Arbitraj de la Washington, după ce ICSID a respins cererea…
    #Romania #RO #Europe #Europa #EU #arbitrajinternațional #certificateverzi #despăgubiriregenerabile #EnergyCharterTreaty #icsid #romania #stiri
    europesays.com/2801551/

  4. Energiecharta-Treaty (ECT)

    Dieser Vertrag ist so eine Frechheit. Dass Staaten sich so erpressen lassen müssen ist ungeheuerlich! Pfui.

    derstandard.at/story/300000024…

    #ect #energychartertreaty #gegenwart #climateaction #souveraen

    Gesendet von Friendica ['loma]

  5. "#FossilFuel firms are biggest beneficiaries of investor-state dispute settlement courts which have awarded $114bn of public money."

    The #ISDS system is reeling after EU countries last week withdrew en masse from the #EnergyCharterTreaty.

    The modern ISDS system is widely viewed as an outcrop of efforts to prevent former colonies in the global south from appropriating or nationalising industrial concerns after independence."

    When colonialism bites you in the butt.

    theguardian.com/environment/ar

  6. RT by @EUCouncil: ADOPTED: @EU_Council gives final green light for the EU 🇪🇺 and Euratom to leave the #EnergyCharterTreaty.

    Member states wishing to stay can vote for its modernisation.

    🌍 Read our press release 👇

    [2024-05-30 09:50 UTC]

  7. In a milestone win for civil society, the European Parliament’s voted on 24 April 2024 to adopt the Commission's proposal that the European Union's withdrawal from the Energy Charter Treaty (ECT). This highlights that EU-wide campaigning and movement building really does work.
    corporateeurope.org/en/2024/04

    #EnergyCharterTreaty #EuropeanParliament #EuropeanUnion #EU #resistance #ISDS #ECT

  8. #Europa | 🔴El Parlamento Europeo puso fin al arbitraje internacional #ISDS, que vulnera su capacidad de adoptar políticas y normas frente a la inversión extranjera.

    Buena decisión del pueblo ecuatoriano con el NO al arbitraje internacional✊

    Cecilia Olivet
    #EnergyCharterTreaty

    ↩️👍🏼

    Sígame en
    Radio Antisana Media Online: antisananews.blogspot.com/
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  9. European 🇪🇺 lawmakers have voted to escape the #EnergyCharterTreaty that lets investors & #FossilFuel firms sue govts in private courts for pursuing policies that stop the planet from heating buff.ly/3QjXowV

  10. Klesch Group Holdings v #EuropeanUnion #ICSID Case No. ARB(AF)/23/1
    March 29, 2024 - The Tribunal is constituted in accordance with Rule 24 of the ICSID Additional Facility #Arbitration Rules.
    Its members are:
    Cavinder Bull
    O. Thomas Johnson
    Jorge E. Viñuales
    icsid.worldbank.org/cases/case
    #Arbitration #ECT #EnergyCharterTreaty #Oil

  11. "#EuropeanUnion countries agreed on Thursday to jointly quit [the #EnergyCharterTreaty] over concerns that it undermines efforts to fight climate change, officials said.

    The decision will now go to the European Parliament to seek lawmakers' consent. That is seen as highly likely because the #EU assembly has previously urged it to leave the treaty."

    reuters.com/sustainability/cli

    This opens the door for reducing the sunset clause period from 20 years to 10.

  12. "The #UK is pulling out of a treaty that lets fossil fuel firms sue governments over their #climate policies.

    The [#EnergyCharterTreaty] allows fossil fuel investors to sue states for lost profit expectations in an opaque corporate arbitration system set up to protect fossil fuel investors in the former Soviet economies in the 1990s."

    #ECT
    theguardian.com/environment/20

  13. #ClimateDiary #EnergyCharterTreaty 2/2

    Here Celine Keller’s great “Dawn of the ECT”, explaining the Energy Charter Treaty’s origins and impacts. Really worth reading. Enjoy!

    celinekeller.com/dawn-of-the-e

  14. #ClimateDiary This is good news!

    Britain joins France, Germany, Spain and the Netherlands in withdrawing from charter it says ‘penalises’ shift to net zero.

    For a great explainer of the Energy Charter Treaty, check out Celine Keller’s comic! Will add in second below 1/2

    #EnergyCharterTreaty

    theguardian.com/environment/20

  15. @TCatInReality @ChrisMayLA6 @KimSJ I think there is a lot to roll back on International corporate courts like the #EnergyCharterTreaty - Katarina Pistor's The Code of Capital is a deeply depressing but essential read. The existing economic system is deeply entrenched and intertwined with values that we would hope to keep in some form such as keeping a notion of the rule of law without liiving in a #lawyeropoly

  16. @albertcardona True. I know very little about all this but can imagine that it may be logistically easier/quicker to introduce a new tax than to dismantle existing subsidies, which may be quite baked in with contracts etc (eg #EnergyCharterTreaty?). Not defending subsidies, they clearly are 💯 wrong and need to go, but maybe introducing this kind of windfall tax is more “doable” in the short term

  17. The UK 🇬🇧 could pull out of the international #EnergyCharterTreaty if attempts to reform it fail, energy minister, Graham Stuart has said theguardian.com/environment/20

  18. “The #EnergyCharterTreaty (#ECT) is a system of secret courts that enables companies to sue governments over policies that would cut their future profits.”

    “The #UK and #Japan are the only major economies not to have committed to exiting the ECT.”

    #climate #climatechange #corruption #globalwarming #climatecrisis #climateemergency

    theguardian.com/environment/20

  19. Great news!

    The #EuropeanCommission proposes withdrawal from the #EnergyCharterTreaty | Public #international #law notes

    "The #ECT has been the subject of various criticisms in recent years, including claims that the treaty creates obstacles to the transition to greater use of #RenewableEnergy. Critics argue, among other things, that the investment protections offered by the ECT restrict the ability of States to regulate on #ClimateChange and #energy transition issues without the risk of significant financial exposure in the form of claims under the ECT."

    hsfnotes.com/publicinternation

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