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
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
The Ledger Will Not Trust on Faith
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
Ukrainian Drone Barrage Kills Eight and Strikes Russian Logistics Network
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
French National Assembly Overrides Senate to Pass Historic Assisted-Dying Legislation
Spanish Prime Minister's Wife Ordered to Stand Trial as Corruption Probes Encircle Governing Party
Zelensky Faces Kyiv Protests Over Ousting of Dynamic Ukrainian Defense Minister
Thomas Tuchel Faces Fierce Backlash After Tactical Retreat Costs England World Cup Final Berth
A Quiet Bastille Day: France Grapples with World Cup Heartbreak and Leftover Fireworks
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
Spain and UK Dismantle Gibraltar Border Following Landmark Schengen Integration Treaty
Hungary's "Puppet" President to Be Ousted, Orbán Fumes: "Democracy Is Dead"
Forget Tinder: The Surprising Platform Where People Find Love
Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena
Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
×