The European Commission has confirmed for the first time that Brussels could withdraw from the controversial Energy Charter Treaty (ECT), which critics say shields the fossil-fuel industry.
The treaty is incompatible with the EU’s climate commitments and the current modernisation process will not fix this, as the necessary reforms are either opposed by other contracting parties or not being discussed.
Cross-party MEPs called on the European Commission to be prepared to withdraw from the controversial Energy Charter Treaty, if negotiations for its modernisation fail.
Why retain ISDS, this neo-colonial vestige that is not supported by consistent evidence that it contributes to advancing development or the rule of law ?
Tenemos el agrado de invitarles a la Conferencia Virtual : Efectos del libre comercio y de las inversiones europeas en México : elementos de reflexión para el Acuerdo UE-México.
The Micula saga is characterized by the ICSID award (and its review by the ad hoc Committee) being just the beginning rather than the conclusion of the dispute.
Negotiators have ruled out an overhaul of private courts that allow energy companies to sue national governments when climate change policies hurt their profits.