The European Arbitration Review 2018 - Energy Arbitrations

Introduction

The Paris accord remains big news in the fields of energy and climate change. President Trump's decision to cease all participation in the accord attracted international condemnation, with a host of G8 economies and the EU reaffirming their commitment to multinational agreement. The question of how states will meet their environmental targets while ensuring energy security for growing populations will have to be answered in the coming years. Will increasing numbers of states seek to attract investment in renewables through measures such as those introduced by Spain and Italy in the early 2000s? Measures which, having been subsequently altered, led to a raft of investment treaty claims against those states.