UK Energy

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A place to post links and discussions around the UK's energy production, National Grid, energy consumption, and green energy news.

See https://grid.iamkate.com/ for the UK's current energy production and sources.

Created 23/07/23

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UK could quit ‘climate-wrecking’ treaty, minister announces (www.theguardian.com)

submitted 2 years ago* (last edited 2 years ago) by floppy@rabbitea.rs to c/energy@feddit.uk

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The UK could pull out of the international energy charter treaty if attempts to reform it fail, the energy minister, Graham Stuart, has said.

The energy charter treaty (ECT) is a system of secret courts that enables companies to sue governments over policies that would cut their future profits. Companies have sued over phasing out coal-fired power stations, ending offshore oil drilling and banning fracking, with some receiving large taxpayer-funded payouts.

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[–] floppy@rabbitea.rs 1 points 2 years ago (1 children)

If that's what it does, why is anybody in it in the first place?!

Although it seems like something the Tories would love in order to keep their rich big oil mates on side.

[–] mannycalavera@feddit.uk 1 points 2 years ago

The treaty was signed when we were EU members in 1994 and came into force in 1998.. So Tory and Labour governments.

If it helps you, the EU is also considering leaving.