Overview
- The UK has withdrawn from the Energy Charter Treaty, which allowed fossil fuel companies to sue governments over climate policies.
- Efforts to modernize the treaty ended in stalemate, leading to the UK's decision to leave.
- The treaty, established in the 1990s, has faced criticism for being outdated and not supporting the transition to cleaner energy.
- Several EU countries, including France, Germany, and Spain, have also withdrawn from the treaty.
- The UK's withdrawal is seen as a win for environmental efforts and gives future governments more freedom to implement ambitious climate actions.