Brussels pleads with countries to stay in the Energy Charter Treaty
These days, it is hard to find anyone arguing with a straight face that the Energy Charter Treaty (ECT) has been a good thing for the climate. It is variously described as a “relic”, a “dirty energy club” or a “climate roadblock” in the service of greedy companies. However, those same voices decrying it have now been put in the awkward position of having to defend it, and are begging countries like France, Spain, Poland, Italy and the Netherlands to reverse their withdrawal decisions.
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EU moves to quit energy investment treaty
The European Union on Friday moved to pull the plug on the bloc's membership in the Energy Charter Treaty (ECT) — an investor protection pact that's seen as hampering decarbonization efforts.