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Energy Charter Treaty

The Energy Charter Treaty has come under increasing scrutiny in recent years for standing in the way of the transition to renewable energy technologies. Since the 90s climate change has becoming an increasingly apparent threat to the world and energy companies are now at the heart of not only the problem but also has to be part of any solution to this huge complex problem of our age. The original Energy Charter declaration was signed in 1991 and bulked out in 1994 into the Energy Charter Treaty, a legally binding multilateral agreement to help promote and protect international energy trade and transit, in addition to dispute resolutions in the international energy sector. Is it really standing in the way of combatting climate change?

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