This agreement, very criticized by climate activists, allows energy giants to turn against the signatory states that would conduct climatic policies unfavorable to their investments. > Le Monde
President Emmanuel Macron announced Friday October 21 at the end of the European Summit of Brussels the withdrawal of France from the Treaty on the Energy Charter (TCE), ratified in 1994.
The president thus follows the recommendations of the High Council for the Climate which considered in an opinion that France and the European Union were to leave the TCE, because this 30 -year -old treaty, decried by the climate activists, turns out to be incompatible with “decarbonation calendars” provided for in the Paris Agreement.
The EU obtained in June that this unknown convention be reformed, too protective of fossil fuels, but compromise is deemed insufficient by NGOs, which ask Europeans to withdraw.