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.
Entrevista con Yamina Saheb que fue la Jefa de la Unidad de Eficiencia Energética en el Secretariado del Tratado de la Carta de Energía entre 2018 y 2019.
Interview de Yamina Saheb, ancienne responsable de l’unité efficacité énergétique au secrétariat du Traité de la Charte de l’énergie entre 2018 et 2019.
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.
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.