EU to propose exit from Energy Charter Treaty over climate concerns
The Treaty lets energy companies sue governments over policies that damage their investments. Read more at straitstimes.com.
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The Treaty lets energy companies sue governments over policies that damage their investments. Read more at straitstimes.com.
They hope they can neutralise the treaty's 20 year sunset clause and prevent fossil fuel companies suing them over climate action
The European Commission is readying a proposal for EU countries to jointly quit an international energy treaty, after some governments already pledged to leave over climate concerns.
Media tycoon Vincent Bolloré’s acquisition of conglomerate Lagardère received EU clearance earlier this month, amid warnings the move could undermine media plurality.
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