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Image of Graham Stuart MP

Graham Stuart MP

Climate love

The UK has withdrawn from an international treaty that lets fossil-fuel companies sue governments pursuing climate polic

The Energy Charter Treaty (ECT) is meant to make it easier and cheaper to trade energy between countries. But signatories have struggled to reform it - and late on Wednesday, the UK quit the treaty calling it "outdated". Green campaigners welcomed the news.Energy Security and Net Zero Minister Graham Stuart said: "Remaining a member would not support our transition to cleaner, cheaper energy and could even penalise us for our world-leading efforts to deliver net zero." Since 2001, nearly 160 legal actions based on the ECT have been brought by investors claiming their investments had been damaged by green policies such as renewable-energy subsidies, and seeking compensation from governments. Leo Mercer, policy analyst at the Grantham Research Institute on Climate Change, told the BBC: "[The treaty] was designed to protect energy companies from sudden policy decisions that undermine their investments. "However, it has been abused by the oil and gas industry over the past few years... to the detriment of British consumers."https://www.bbc.com/news/science-environment-68369916

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  • Kevin

    8 w

    Glad the UK took the bold initiative to pull out of a treaty that threatens its progression to safer cleaner fuels and the inevitable net zero goals

    2
    • Joseph Githinji

      8 w

      This is a bold decision by UK government. We need leaders who can stand against anything that hurts the environment to steer ahead sustainability.

      1
      • Markus Lutteman

        8 w

        Finally some positive climate news from the UK!

        2
        • Ann Nyambura

          8 w

          Its a clear message that the country is serious about achieving its climate targets and phasing out fossil fuels.

          1
          • Gorffly mokua

            8 w

            This is fantastic! This shows a strong commitment will in support of climate action & prioritizing the well-being of the planet over corporate interests..👏

            4
            • Esther Wanjiku

              8 w

              Amazing that the UK could pull out of such a backward policy. Zero tolerance to policies that hinder net zero attainment and cleaner affordable energy

              3
              • Rukia Ahmed Abdi

                8 w

                Great news of our time. May the UK's decision influence more countries to withdraw from Energy Charter treaty.

                6
                • Jane Wangui

                  8 w

                  The UK is doing a great job... taking the first step...it might seem insignificant..but it does carry alot of weight.

                  3
                  • Tabitha Kimani

                    8 w

                    great leaders are those who spot a danger and take actions to mitigate it. Any more delay in calling out fossils means threat to survival on earth.

                    13
                    • George Kariuki

                      8 w

                      This is a positive move to align policy frameworks.

                      12
                      • zelda ninga

                        8 w

                        That's good news... We need more and more countries to walk away too from this treaty... Indeed it is outdated.

                        6
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