The Energy Charter Treaty can be deployed to expand the fossil fuel industry’s rights and contextually counter democratic forces that animate the ecological transition.
German energy company RWE has announced its intention to withdraw its international arbitration proceedings against the Dutch state at the International Centre for Settlement of Investment Disputes.
The groups argue that removing ISDS — which has prioritized corporate rights over those of governments, people, and the planet — is needed to protect policies necessary for a clean energy transition.
The Russian state will go on trial for failing to pay $60bn (£49bn) to former shareholders of defunct oil behemoth Yukos, after a British judge blocked the country’s bid for immunity.
Zenith Energy a engagé un deuxième arbitrage contre la Tunisie devant la Chambre de commerce internationale après avoir déposé une procédure auprès du CIRDI en juin.