Global S&T Development Trend Analysis Platform of Resources and Environment
EU’s ECT withdrawal option takes off as talks wither | |
admin | |
2022-06-22 | |
出版年 | 2022 |
国家 | 欧洲 |
领域 | 气候变化 |
英文摘要 | EU governments are starting to consider the option of a withdrawal from the Energy Charter Treaty (ECT) as the negotiations are headed to fail at aligning it with the Paris Agreement goals. Talks will come to an end on Friday, 24 June.
StoryThe Energy Charter Treaty, ratified by 48 countries since 1994, aims to protect private foreign investments from regulatory or political interferences. A negotiation to ‘modernise’ the Treaty was launched in 2018, and Ministers established this Friday, 24 June, as a deadline to agree “in principle” to an update of the ECT. EU negotiators have attempted to align the Treaty with the Green Deal for four years, but other ECT countries have fiercely opposed these efforts. Negotiators may fail to find a compromise, as several sticking points remained on the table this week, including removing protections for fossil fuels. If they do reach an agreement, it will not be aligned with the EU Green Deal and the Paris Agreement goals—based on what is known about negotiation progress and politics. E3G recently set seven minimal tests to assess the ECT. None of them will be met. The eventual agreement may include some cosmetic improvements, but will remain very far from the European Commission’s own negotiating goals. The main achievement may be an unproven solution to rule out intra-EU litigation, which multinational fossil fuel companies could easily circumvent. Non-EU investors would continue to target EU climate policies – a growing risk given the plans to expand the ECT to new regions, including China. Given the many uncertainties left, an “agreement in principle” this Friday does not mean countries support the compromise. It is instead a recognition that the negotiations have ended, opening a new political phase in which EU Ministers must decide whether the compromise is good enough or a withdrawal from the ECT is preferable. EU countries have until November this year to reach a shared position. Those in favour of withdrawing include Spain, France, Germany, Poland, and Italy, while Belgium and the Netherlands are considering that option. Other climate front-runners have so far shied away from having a position, claiming to give negotiators a chance – this will not be possible anymore after Friday. Quote – EU withdrawal from ECTIgnacio Arróniz, Researcher on Trade & Climate at E3G, said:
Lisa Fischer, Programme Leader at E3G, said:
Available for comment – EU withdrawal from ECTIgnacio Arróniz is available for commentary – please contact him directly: – ENDS – Notes to Editors
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URL | 查看原文 |
来源平台 | E3G |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/350082 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | admin. EU’s ECT withdrawal option takes off as talks wither,2022. |
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