…(© Jess Hurd reproduced from Global Justice Now)     In 2023, several EU members left the ECT, the largest investment arbitration treaty, after accusations that companies “weaponise” this “climate-wrecking,”…

…arbitral tribunal clarified (para. 363) that: The ECT did not bar Spain from making appropriate changes to the regulatory regime . . .. Thus, the Tribunal does not accept Claimants’…

…and modernization of a refinery in Colombia. Reficar selected CB&I as the contractor responsible for the engineering, procurement and construction (“EPC”) of the refinery. The project was originally conceived as…

…He stressed that, however, according to the statistics published by the Secretariat of the ECT, the damages claimed concerning renewable energy far exceed those concerning fossil fuels under the ECT….

…over the renewable energy sector. Another illustration is France’s withdrawal from the ECT. While the official reason was that France wanted its sovereignty back to move towards energy autonomy, it…