Senior Researcher | @SOMO | @Radboud_Uni | (Critical) International Political Economy | Trade and Investment Law and Policy | Energy and Extractives | Ph.D.
Nov 3, 2022 โข 6 tweets โข 3 min read
The Dutch government ๐ณ๐ฑ has released its assessment regarding the modernization of the Energy Charter Treaty and why and how it wants to #ExitECT
The result achieved is insufficiently ambitious and not in line with ๐ณ๐ฑ๐ช๐บ #climate targets. ๐งต๐
tweedekamer.nl/kamerstukken/bโฆ
Key points decisive for ๐ณ๐ฑ to #ExitECT:
1โฃ Despite flexibility mechanism and carve-outs for ๐ช๐บ, ECT remains an organization where #FossilFuel protection outside ๐ช๐บ remains possible.
2โฃ No reference to future Multilateral Investment Court
3โฃ No strong sustainability obligations