The Energy Charter Treaty allow fossil fuel investors to sue EU member states before international arbitral tribunals to challenge climate mitigation measures. This legal mechanism is increasingly weaponized by the industry.
Experts talk about investor-state dispute settlements, which allow fossil fuel companies to bring multi-billion dollar lawsuits against countries that pass green policies.
Our ranking reveals that the Energy Charter Treaty remains the most dangerous investment treaty to the energy transition by protecting over 300 megatonnes (Mt) of greenhouse gas emissions.
Les parties contractantes restantes devraient approuver la nouvelle mouture du traité lors de la Conférence de la Charte de l’énergie, qui aura lieu le 3 décembre 2024.
Critics argue that the ECT, designed to protect foreign investments, contains vague provisions that allow multinational corporations to sue governments for lost profits due to policy changes.
Le géant pétrolier américain ExxonMobil a invoqué le controversé traité sur la Charte de l’énergie dans une éventuelle demande d’indemnisation de plusieurs milliards d’euros.