Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

The Netherlands to leave embattled Energy Charter Treaty

The Netherlands to leave embattled Energy Charter Treaty

Decision pushes the energy pact closer to a full European withdrawal.
The Energy Charter Treaty (ECT) edged closer to a full-blown European revolt Tuesday, as the Netherlands became the latest country to announce it would withdraw from the deal.

Dutch Minister for Climate and Energy Policy Rob Jetten announced the decision in the parliament on Tuesday. Spain made a similar call last week, with Poland also in the process of withdrawal. Italy has quit.

"A number of countries have now taken concrete steps to terminate their membership, and I'm going to look at how the Netherlands can best align with that as well," said Jetten. A spokesperson for Jetten confirmed to POLITICO that the decision to leave the deal was final.

Asked whether the Netherlands was cooperating with Spain and others to organize a mass EU withdrawal, the spokesperson said there was no formal coordination yet but said: "There are all sorts of conversations going on."

The deal has been under fire for the protections it offers to fossil fuel projects, allowing investors to sue governments in closed tribunals over policies directed at cutting emissions.

The Netherlands has been hit by two lawsuits under the treaty from coal plant operators pursuing the government for lost profits due to the country's plan to phase out the polluting fuel. One of those suits involves German utility Uniper, which has said it would drop the case if the German government takes a stake in the troubled company.

An attempt by the EU to reform the deal was resisted by the other members of the 50-plus-country treaty. The EU and U.K. instead won exemptions that allowed them to phase out protections for coal, oil and gas over 10 years.

Jetten said there had been improvements, but added: "We do not see how the ECT has been sufficiently aligned with the Paris Agreement." The secretary-general of the treaty, Guy Lentz, hit back at similar criticisms on Monday in an expletive-ridden tirade on Twitter, before deleting his account.

The reform proposal needs to be accepted by the EU. The Netherlands won't vote it down, the spokesperson for Jetten said, despite the country leaving the deal.

A French energy ministry spokesperson told POLITICO that the government was currently assessing the results of the reform process and if the conclusion was that the changes did not “match our ambitions and objectives” then France would “also consider a coordinated withdrawal from the ECT.” A final decision is due in days.

"It is a very significant decision," said Green MEP Anna Cavazzini, noting the Netherlands was once "one of the staunchest" backers of the investor-state dispute tribunals employed by the ECT.

"This decision to exit the ECT will create shockwaves through the whole system," she said. “The message is clear: The world has changed. States cannot accept a blanket protection of dirty investments anymore."
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Trump Called Viktor Orbán: "Why Are You Using the Veto"
Horror in the Skies: Plane Engine Exploded, Passengers Sent Farewell Messages
AI in Policing: Draft One Helps Speed Up Reports but Raises Legal and Ethical Concerns
Shame in Norway: Crown Princess’s Son Accused of Four Rapes
Apple Begins Simultaneous iPhone 17 Production in India and China
A Robot to Give Birth: The Chinese Announcement That Shakes the World
Finnish MP Dies by Suicide in Parliament Building
Outrage in the Tennis World After Jannik Sinner’s Withdrawal Storm
Class Action Lawsuit Against Volkswagen: Steering Wheel Switches Cause Accidents
UK Government Tries to Sue 4chan for Breaching Online Safety Act
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Cambridge Dictionary Adds 'Skibidi,' 'Delulu,' and 'Tradwife' Amid Surge of Online Slang
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
The CEO Who Replaced 80% of Employees for the AI Revolution: "I Would Do It Again"
"Every Centimeter of Your Body Is a Masterpiece": The Shocking Meta Document Revealed
Character.ai Bets on Future of AI Companionship
China Ramps Up Tax Crackdown on Overseas Investments
Japanese Office Furniture Maker Expands into Bomb Shelter Market
Intel Shares Surge on Possible U.S. Government Investment
Hurricane Erin Threatens U.S. East Coast with Dangerous Surf
EU Blocks Trade Statement Over Digital Rule Dispute
EU Sends Record Aid as Spain Battles Wildfires
Beijing is moving into gold and other assets, diversifying away from the dollar
China Requires Data Centres to Source Majority of AI Chips Locally, For Technological Sovereignty
Escalating Clashes in Serbia as Anti-Government Protests Spread Nationwide
Category 5 Hurricane in the Caribbean: 'Catastrophic Storm' with Winds of 255 km/h
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Digital Humans Move Beyond Sci-Fi: From Virtual DJs to AI Customer Agents
YouTube will start using AI to guess your age. If it’s wrong, you’ll have to prove it
Jellyfish Swarm Triggers Shutdown at Gravelines Nuclear Power Station in Northern France
OpenAI’s ‘PhD-Level’ ChatGPT 5 Stumbles, Struggles to Even Label a Map
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
The World Economic Forum has cleared Klaus Schwab of “material wrongdoing” after a law firm conducted a review into potential misconduct of the institution’s founder
A Computer That Listens, Sees, and Acts: What to Expect from Windows 12
Bitcoin hits $123,000
Southwest Airlines Apologizes After 'Accidentally Forgetting' Two Blind Passengers at New Orleans Airport and Faces Criticism Over Poor Service for Passengers with Disabilities
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Russian Forces Advance on Donetsk Front, Cutting Key Supply Routes Near Pokrovsk
It’s Not the Algorithm: New Study Claims Social Networks Are Fundamentally Broken
Sixty-Year-Old Claims: “My Biological Age Is Twenty-One.” Want the Same? Remember the Name Spermidine
Saudi Arabia accelerates renewables to curb domestic oil use
The Billion-Dollar Inheritance and the Death on the Railway Tracks: The Scandal Shaking Europe
World’s Cleanest Countries 2025 Ranked by Air, Water, Waste, and Hygiene Standards
Denmark Revives EU ‘Chat Control’ Proposal for Encrypted Message Scanning
Perplexity makes unsolicited $34.5 billion all-cash offer for Google’s Chrome browser
Cristiano Ronaldo and Georgina Rodríguez announce engagement
×