The Green Brief: Beware the zombie Energy Charter Treaty

Euractiv | Oct 26, 2022 at 10:55 AM
  • For some, France’s decision to withdraw was the final nail in the coffin of the treaty.
  • In June, after years of negotiation, the EU executive announced a hard-won deal to carve out fossil fuels from the ECT, under which existing oil, gas and coal assets would enjoy legal protection for another 10 years instead of the 20 years guaranteed under the zombie clause.
  • Prime Minister António Costa on Monday expressed confidence in the negotiations of Portugal, Spain, and France with the European Commission to finance the energy interconnection system, arguing that it is a project of common European interest.