The Energy Charter Treaty needs updating, but remains a valuable tool for the transition

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D2Grids Project

864 Last modified by the author on 24/09/2020 - 10:00
The Energy Charter Treaty needs updating, but remains a valuable tool for the transition

Last Thursday we published this critique of the Energy Charter Treaty (ECT). Created in the 1990s, the ECT was designed to protect cross-border energy investments from political risk.

Critics now say it is being used to protect fossil fuel investments in a world committed to phasing them out. Today, Andrei Belyi of energy consulting firm Balesene OU and Adjunct Professor in Energy Law and Policy at the University of Eastern Finland, who was named in the article, responds [Read more...]

Article first published on Energypost.eu.

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