On Friday 7 July, the European Commission proposed that the EU Member States and Euratom should withdraw from the Energy Charter Treaty in a coordinated fashion.
“In its current form, the Treaty is not in line with the EU’s investment policy or its energy and climate objectives. An unmodernised treaty is simply not in line with the EU’s sustainable vision of the future and the investments needed for the transition to clean energy”, commented European Energy Commissioner Kadri...