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BREAKING: London-based fossil fuel company Ascent Resources — who are suing the Slovenian govt over its decision to ban fracking — has upped its demands from €120 million to over HALF A BILLION EUROS.
🧵What does €500 million mean to people in Slovenia?
🧵What does €500 million mean to people in Slovenia?
According to our allies @Umanotera, €500 million could pay for:
🍎 Free school meals for Slovenian primary school children for 6 years!
OR
🔥Slovenia's programme to support vulnerable people with their energy bills — 23 times over.
2/4
🍎 Free school meals for Slovenian primary school children for 6 years!
OR
🔥Slovenia's programme to support vulnerable people with their energy bills — 23 times over.
2/4
Instead, thanks to the Energy Charter Treaty (#ECT), if Ascent win that money will go to its shareholders.
Corporate Courts (ISDS), embedded in the ECT, enable corporations to sue governments over climate action — draining public finances and undermining public services. 3/4
Corporate Courts (ISDS), embedded in the ECT, enable corporations to sue governments over climate action — draining public finances and undermining public services. 3/4
