The Energy Charter Treaty needs to make a success of its ongoing modernisation process in the coming five years, writes Urban Rusnák.
Energy Charter Treaty
Week in Brussels: Vaccines, China, CAI, Taiwan, Energy Charter Treaty
As widely anticipated, the European Union extended on Thursday its export authorisation scheme for COVID-19 vaccines produced by firms with a procurement contract from the EU until the end of June 2021. The move comes amidst controversies over who among the continental EU and the ‘Anglos’ are greater vaccine nationalists. …
ECJ Advocate General: Intra-EU Energy Charter Treaty investor-state arbitration is illegal
The European Court of Justice’s Advocate General Szpunar opined that the investor-state arbitration system under the Energy Charter Treaty is not applicable within the European Union. This will further increase the pressure on the ongoing ECT modernisation process and might very well herald the end of the ECT within the EU.
Week in Brussels: EU wants fossil fuels out of ECT, anti-coercion, 4 new TDI cases, UK data adequacy
It’s been an eventful week, dominated by the new EU trade strategy or Trade Policy Review. Below, other important developments…
Week in Brussels: CETA, France, ECT, China, EPAs
This week has seen two ‘strategic’ initiatives: the launch of a new paper on EU-US relations and the upgrading of EU-ASEAN relations post RCEP. Here other developments of potential interest. Dombrovksis talks to French Senate – Paris CETA ratification date unclear Nobody knows yet when the French government will put …
Of letterbox investments and renewable energy: status report on ECT modernisation
State of play in and analysis of a renegotiation of a Eurasian energy trade and investment treaty – a process where not everything is always at it seems. By Sarah Anne Aarup and Iana Dreyer.
Week in Brussels: border carbon adjustment, Brexit preparedness, ESA, Georgia
Carbon border adjustment – Lange prefers ETS extension The German chemical industry association VCI held a webinar this week on trade policy and climate change. International trade committee chair Bernd Lange was a speaker. Whether this is an indication of what is to come as the EU prepares to prepare …
Interview: A new Energy Charter Treaty as a complement to the Paris Agreement
In an interview with Borderlex, the Energy Charter Treaty’s secretary-general Urban Rusnák said: “In one or two years I expect to have a new Energy Charter Treaty as complement to the Paris climate agreement.“
Analysis: The EU’s ECT modernisation proposals
Ahead of a meeting of the Energy Charter Treaty members next week, the European Union has published its proposals in the form of legal to modernise what some called the WTO of energy. Discussions on modernising the ECT, an agreement that dates back to the early 1990s, have been …