Opinion

E3G: How investment treaties undermine the global energy transition 

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By Experts

Published: October 2nd, 2024,
Last updated: October 2nd, 2024

By Jordan Dilworth
Jordan Dilworth, E3G

In 2021, the German energy company RWE demanded compensation of 1.4 billion euros from the Dutch government for the country’s decision to phase out coal by 2030. The government, RWE claimed using an international arbitration procedure, had not provided adequate compensation for phasing out coal in RWE’s power plants. Later, the company withdrew its lawsuit. But the case exemplifies how dangerous international arbitration courts can become for global climate protection. Because they protect fossil interests. 

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Climate protection Energiewende Klimafinanzierung JETP Energy transition