EU Finalizes Decision to Quit Energy Treaty Over Climate Issues ...Middle East

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EU Finalizes Decision to Quit Energy Treaty Over Climate Issues
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The European Union member states formally adopted on Thursday a decision to withdraw from a 1990s energy pact that allows oil companies to sue governments over their climate policies. The Council’s decision today gave the final green light for the EU and Euratom to withdraw from the Energy Charter Treaty after the European Parliament approved it during its last plenary session in April 2024, the EU said in a statement. The Energy Charter Treaty (ECT), signed in 1994 and in force since 1998, was originally designed to promote…

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