Sustainable Development And The 1994 Energy Charter Treaty: Between Pretend-Action and Management of Environmental Investment Risk
Article from: OGEL Archive issue , in The Energy Charter Treaty
Introduction
The analysis of the environmental provisions of the Energy Charter Treaty - and of the other core provisions of the Treaty when dealing with environmental action against foreign investors - has shown that this Treaty, in an environmentally very sensitive sector - energy - and area - covering the former Communist countries - takes a very prudent approach towards environmental regulation: In spite of ample references in its preamble, the key article 19 contains a list of good environmental practices, qualified by technical and commercial viability, but only in the form of very soft ...