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2024-05-30 10:54:58
in reply to

CelloMom On Cars on Nostr: "European Union countries unanimously agreed on Thursday to quit an international ...

"European Union countries unanimously agreed on Thursday to quit an international energy treaty over concerns that it protects fossil fuel investments and undermines efforts to fight #ClimateChange.

The 1998 Energy Charter Treaty (#ECT) allows energy companies to sue governments over policies that damage their investments. In recent years, some companies have used it to launch billion-dollar lawsuits against measures to shut or restrict fossil fuel projects."

https://www.reuters.com/business/energy/eu-agrees-quit-energy-investment-treaty-over-climate-concerns-2024-05-30/
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