Energy & environment

Most investor-state disputes (ISDS) have concerned environmental matters. Corporations are using the ISDS system found in trade and investment agreements to challenge environmental policies. As of end of 2019, 41% of all ICSID cases were energy and natural resources-related.

Most well-known cases include:

• Lone Pine Resources (US) vs. Canada: the investor challenged Quebec’s moratorium on the controversial practice of hydraulic fracturing, or fracking, for natural gas. The provincial government declared the moratorium in 2011 so as to conduct an environmental impact assessment of the extraction method widely accused of leaching chemicals and gases into groundwater and the air. Case pending (NAFTA invoked).

• Bilcon (US) vs. Canada: the US industry challenged Canadian environmental requirements affecting their plans to open a basalt quarry and a marine terminal in Nova Scotia. In 2015 the ISDS tribunal decided that the government’s decision hindered the investors’ expectations. Bilcon won and received US$7 million in damages, plus interest (NAFTA invoked).

• Vattenfall (Sweden) vs. Germany: in 2007 the Swedish energy corporation was granted a provisional permit to build a coal-fired power plant near the city of Hamburg. In an effort to protect the Elbe river from the waste waters dumped from the plant, environmental restrictions were added before the final approval of its construction. The investor initiated a dispute, arguing it would make the project unviable. The case was ultimately settled in 2011, with the city of Hamburg agreeing to the lowering of environmental standards (ECT invoked).

(March 2020)

Indiana Resources | 10-Aug-2020
Funding will support legal costs associated with the claim against Tanzania regarding the the expropriation of the Ntaka Hill Nickel Project.
América Latina Mejor Sin TLC | 10-Aug-2020
La Plataforma América Latina Mejor Sin TLC presenta: «25 años de tratados de libre comercio e inversión en América Latina. Análisis y perspectivas críticas». Un documento necesario para entender la arquitectura jurídica de la impunidad que gobierna desde hace décadas las economías de la región.
Subrayado | 10-Aug-2020
La empresa de origen indio había demandado al Estado uruguayo por 3.500 millones de dólares.
The Baltic Times | 7-Aug-2020
Vilnius regional Court said it had not accepted the lawsuit as the arbitration procedure in Washington has not been competed yet. | 6-Aug-2020
An international tribunal has dismissed a nearly $1 billion claim against Kazakhstan brought by a Canadian junior miner over a botched deal to operate gold mines in the country.
GlobeNewswire | 5-Aug-2020
Lupaka Gold Corp. reports that it has entered into an arbitration funding agreement for up to USD$4.1 million to support the company’s arbitration claim against Peru.
Planète Business | 5-Aug-2020
Le nouveau procès porte les demandes formulées par la Lituanie dans sa demande reconventionnelle contre Veolia au CIRDI devant les tribunaux nationaux.
Infobae | 24-Jul-2020
Canadian Solar Inc, Atco Ltd, Northland Power Inc y JCM Power, consideraron peligrosa la decisión del gobierno mexicano de suspender nuevas plantas de energía renovable.
No a los TCI | 15-Jul-2020
El Tratado sobre la Carta de la Energía (TCE) es un tratado multilateral para la protección de las inversiones en el sector energético.
EU Observer | 14-Jul-2020
Green groups have renewed their demand for the EU and member states to jointly withdraw from the controversial Energy Charter Treaty (ECT).

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