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  • France joins the Netherlands in pulling out of the Energy Charter Treaty which was

    set up in 1994 to protect western energy firms working in former Soviet countries. It allows investors to sue governments which enact policies that could undermine their expected financial returns.

    and

    In August, the UK oil firm Rockhopper received a £210m award as compensation for an Italian offshore drilling ban. Italy has also withdrawn from the treaty.

    https://www.theguardian.com/world/2022/oct/21/france-becomes-latest-country-to-leave-controversial-energy-charter-treaty

    Hopefully will start to limit future fossil oil exploration if there is no way to seek compensation from stranded assets due to changes in policy

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