German cabinet approves exit from Energy Charter Treaty

"The Energy Charter Treaty has proven itself in the past to be an obstacle for change," Habeck said following a cabinet meeting during which ministers approved the move.earlier this month, which follows in the footsteps of Italy, France, the Netherlands and Spain, among others.

But in recent years it has been criticised for slowing the world's exit from fossil fuels, in part by creating grounds for fossil fuel users to claim compensation when they are forced to shut plants. The country's withdrawal will take time, given the treaty contains a sunset clause binding departing members to its provisions for 20 years.

parisclimateaccord is a disaster. Go Green Go bankrupt. ClimateCrisis is a deindustrialization scam. Fourth Industrial Revolution is being forced and is failing.

Good. Germany should be used as the example of how NOT to transition away from cheap, plentiful fuels.

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