British company used the Energy Charter Treaty to sue the Italian government for foregone profits and plans to invest the compensation in further drilling

A British oil company has won over €190 million ($190m) in compensation from the Italian government for blocking a planned project off Italy’s Adriatic coast. Arthur Neslen discusses the arbitration results in an article on The Guardian website. Bravo to Yamina Saheb, friend of EiD, for her role as whistleblower to expose the impact of … Continue reading British company used the Energy Charter Treaty to sue the Italian government for foregone profits and plans to invest the compensation in further drilling

“No matter how many supply-side resources we pour into the mix, the perfect blend will elude us until we stop treating demand-side flexibility as a final flourish of glitter”

With REPowerEU underway, Europe’s energy and climate strategy demands a rapid change of scenery. We must utilise the full palette of solutions available, including household flexibility, says Sophie Yule-Bennett from the Regulatory Assistance Project (RAP) in an article on the FORESIGHT Climate & Energy website.   House power: the hidden powerhouse of the new energy … Continue reading “No matter how many supply-side resources we pour into the mix, the perfect blend will elude us until we stop treating demand-side flexibility as a final flourish of glitter”

How important is it to keep the Energy Charter Treaty?

In an article on The Conversation website, Chamu Kuppuswamy, Senior Lecturer, School of Law, at the University of Hertfordshire argues that, while withdrawing from the energy charter treaty is possible for any country to do, losing the benefits of membership – such as fewer duties and taxes on imports of oil and gas – will … Continue reading How important is it to keep the Energy Charter Treaty?

The UK is in a strong position to lead efforts on developing an international carbon border adjustment mechanism

A ‘carbon border adjustment mechanism’ on imported goods from polluting factories overseas could help to address the thorny issue of carbon leakage, argues Andrew Warren, chairman of the British Energy Efficiency Federation in the June issue of Energy in Buildings & Industry.   It’s not a tax, it’s just an adjustment mechanism Cheap imports of … Continue reading The UK is in a strong position to lead efforts on developing an international carbon border adjustment mechanism

Fossil fuel companies have access to an obscure legal tool – the investor-state dispute settlement – that could jeopardise worldwide efforts to protect the climate

If you do a search on the EiD website for the Energy Charter, you will see many posts that show the Energy Charter Treaty could undermine efforts of the Paris climate agreement. Rachel Thrasher, Law Lecturer and Researcher at the Boston University Global Development Policy Center, Boston University; Blake Alexander Simmons, Postdoctoral Research Fellow in … Continue reading Fossil fuel companies have access to an obscure legal tool – the investor-state dispute settlement – that could jeopardise worldwide efforts to protect the climate

Legal process under Energy Charter Treaty poses real threat to the Paris climate agreement

Jennifer Rankin writes on the Guardian website about the concerns being raised that lawsuits by fossil fuel companies allowed under the Energy Charter Treaty could threaten the decarbonisation needed under the Paris climate agreement. What are your views?   Secretive court system poses threat to Paris climate deal, says whistleblower A secretive investor court system … Continue reading Legal process under Energy Charter Treaty poses real threat to the Paris climate agreement

New report on cutting emissions through fossil fuel subsidy reform and taxation

Earlier this month, the latest IPCC report gave its starkest climate warning yet. As United Nations Secretary-General António Guterres said, this must sound a "death knell" for fossil fuels, starting with an end to new production and with shifting fossil fuel subsidies into renewable energy. The dire message comes amidst some reasons for hope. We … Continue reading New report on cutting emissions through fossil fuel subsidy reform and taxation

European governments often appear to champion low-carbon policies yet, in 2017, EU countries collectively spent US$87 billion subsidising the cost of fossil fuels

We all know that fossil fuels are still heavily subsidised but it is still a surprise to see the extent of them.  Radek Stefanski, Senior Lecturer in Economics at the University of St Andrews discusses the subsides in an article on The Conversation website.  With the President-elect for the European Commission, Ursula von der Leyen … Continue reading European governments often appear to champion low-carbon policies yet, in 2017, EU countries collectively spent US$87 billion subsidising the cost of fossil fuels

New IISD report on how to pay for an energy revolution

Catherine Benson Wahlén writes on the SDG Knowledge Hub website of the International Institute for Sustainable Development (IISD) about a new report from IISD that calls for policymakers to promote clean energy as part of fossil fuel reforms.   IISD Report Showcases How Countries Implement Clean Energy Swaps The International Institute for Sustainable Development’s (IISD) … Continue reading New IISD report on how to pay for an energy revolution

Strong argument for removing subsidies for fossil fuels

With climate protests gaining momentum and with more and more pushing for a low carbon energy transition, there is definitely a need to re-think our entire approach to our energy systems. Instead of hoping market forces solve the climate crisis, the government needs to stop giving tax breaks to polluters, so argues Clive Lewis in … Continue reading Strong argument for removing subsidies for fossil fuels