In August, a Singapore-based investor filed a case against the UK government after the High Court in London quashed a proposal for a new coal mine on climate grounds.
The billionaire’s last three cases are part of a growing global list from fossil fuel companies against government decisions to reduce carbon emissions.
Tens of thousands of people took to the street in a nationwide strike opposing various Canadian-owned mining projects while the Canada-Ecuador Free Trade Agreement could be tabled any day now.
Attorney general says mining magnate is ‘not a foreign investor’ and is ‘not entitled to any benefits under Australia’s free trade and investment agreements’
As part of the agreement, arbitration proceedings brought by Alamos’s Netherlands subsidiaries against the Republic of Türkiye under the Netherlands–Türkiye Bilateral Investment Treaty will remain suspended.
L’Etat français est attaqué par deux sociétés russes d’investissement (contrôlées par un oligarque sous sanction) dans le cadre du mégaprojet minier « Montagne d’Or » en Guyane.
The French state is being sued by two Russian investment companies (controlled by a sanctioned oligarch), in connection with the “Montagne d’Or” mining megaproject in French Guiana.
Fossil fuel and mining companies are ramping up lawsuits against governments over environmental rules, using a controversial arbitration mechanism that critics say is skewed in industry’s favour and jeopardises global climate action.