When an international treaty protects fossil fuel investments against the climate transition

The more than 50 countries that signed the Energy Charter Treaty resumed talks in March to update the agreement, or reform, depending on who you talk to, which was created in 1994 to protect international energy investments, including investments in fossil fuels, which for years has drawn criticism from European governments and environmental groups for weighing down efforts to end the use of fossil fuels because it allows foreign investors to sue countries for policies that affect their investments. That is, by policies aimed at reducing emissions in order to comply with country agreements or future green laws within the European Union.