The decision will support the UK's transition to net zero and strengthen its energy security, read a government statement, adding that efforts to modernise the treaty in line with the clean energy transition have failed.
EU can 'wave bye-bye to carbon neutrality targets,' according to climate expert Yamina Saheb, as ECT disputes have constrained climate policy decisions, such as coal phase-outs in the Netherlands leading to lawsuits by energy giants Uniper and RWE.
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