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How German business interests have shaped EU climate agenda

A new report by Corporate Europe Observatory details how German business interests have shaped German and European hydrogen policies. ....

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Bancos y grandes empresas buscan nuevos privilegios legales en la UE

Bancos y grandes empresas buscan nuevos privilegios legales en la UE
informacion.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from informacion.es Daily Mail and Mail on Sunday newspapers.

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UK taking 'green' advice from energy giant suing Dutch for phasing out coal

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Boris Johnson’s new investment council includes a subsidiary of a German energy giant that is suing the Netherlands for €1.4bn for phasing out coal.
The Investment Council, which launched last month to drum up foreign investment into the UK, has talked up the importance of ‘sustainable’ investment and ‘green industries’ ahead of the COP26 Climate Summit.
But the council’s advisers include RWE Renewables, whose parent company took the Netherlands to a World Bank arbitration tribunal after the Dutch government decided to phase out coal.
The government’s announcement of this new advisory body quoted RWE Renewables CEO Anja-Isabel Dotzenrath saying that “the council will create the right framework for sustainable investment” in the UK. ....

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Multi-billion energy company euro lawsuits derail climate action | Climate Change | DW

Multi-billion euro lawsuits derail climate action
An archaic energy treaty is being weaponized by big emitters to sue EU governments who are phasing out fossil fuels. Hundreds of billions of taxpayer funds could be redirected from climate action to corporate coffers.
RWE will have to shutter its brown coal power stations but wants billions of euros in return
In February, German energy company RWE invoked an obscure agreement called the Energy Charter Treaty (ECT) to sue the Netherlands for 1.4 billion euros ($1.67 billion) as compensation for phasing out coal by 2030.
The case is the tip of a litigation iceberg, with another German energy company, Uniper, on Friday confirming it is taking the Netherlands to court over its coal exit, and in parallel is suing for a reported 1 billion euros under the ECT. Such claims are magnified due to an obscure future earnings clause. ....

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This Obscure Energy Treaty Is the Greatest Threat to the Planet You've Never Heard Of

This Obscure Energy Treaty Is the Greatest Threat to the Planet You've Never Heard Of
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