In a report published on Wednesday 13 June, which puts at US$35 billion the total amount thus far claimed by investors in arbitration cases against states, the Corporate Europe Observatory (CEO) and the Transnational Institute (TNI) warn that the Energy Charter Treaty gives investors in the energy sector unprecedented influence on the energy policies of ECT signatory countries (nearly 50, including those of the EU).
The ECT makes it more difficult for signatory countries to distance...