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The much-discussed Energy Charter Treaty (ECT) allows the fossil fuel industry to sue a country when the government takes climate and environmental measures that could harm its future profits. Environmental organisations and many other NGOs have been fighting for years against this treaty, which gives illegitimate power to fossil fuel companies and puts a huge brake on the energy transition.
Furthermore, all new trade treaties must contain binding social and environmental clauses to prevent Belgium from being sued in arbitration courts in case of social and environmental regulation.
