October 17, 2022
Netherlands, Spain, France and Poland will quit the ECT
By admin | |
Italy withdrew in 2016. The Energy Charter Treaty (ECT) protects energy investments by foreign companies. Three energy groups are suing three European governments over the closure of coal power plants. Spain is sued by renewable energy companies after it reduced the subsidies. A process to “modernise” the pact has been under way since 2018.