The Significance of the Energy Charter Treaty and Perspective for Reform
The Significance of the Energy Charter Treaty and Perspective for Reform

Author(s): Bartosz Bieliszczuk, Szymon Zaręba
Subject(s): Politics, Energy and Environmental Studies, Economic policy, Environmental and Energy policy, Government/Political systems, International relations/trade
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Energy charter; energy policy; reform perspective; EU;
Summary/Abstract: The Energy Charter Treaty (ECT) allows energy companies to protect their foreign investments in fossil fuels, among others. It is controversial, though, because the treaty makes it difficult for its parties to implement ambitious climate policy and decarbonise their economies. The current debate on reforming the ECT creates an opportunity to amend the treaty to better fit the EU’s - and Poland’s - needs. However, if the negotiations are delayed further, it would be advisable to abandon the treaty.

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