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Investment Governance between the Energy Charter Treaty and the European Union: Resolving Regulatory Conflicts: Nijhoff Studies in European Union Law, cartea 19

Autor Ottavio Quirico
en Limba Engleză Hardback – 30 iun 2021
Against the background of climate change, the Energy Charter Treaty and the law and policy of the European Union are no longer fully aligned with each other: in the case of a conflict in the area of investment regulation, what norms should apply? Within the framework of the ongoing reform of the international investment system, notably, investor-State dispute settlement, and of the modernisation of the Energy Charter Treaty, Ottavio Quirico explores how to approach regulatory conflicts and re-harmonise the Energy Charter Treaty with the law of the European Union.
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Specificații

ISBN-13: 9789004463424
ISBN-10: 9004463429
Dimensiuni: 155 x 235 mm
Greutate: 0.43 kg
Editura: Brill
Colecția Brill | Nijhoff
Seria Nijhoff Studies in European Union Law


Cuprins

Cases
Documents
List of Abbreviations

Introduction

1 The Energy Charter Treaty, Investment and the Energy Charter Process
1.1 The Energy Charter Process: From the (European) Energy Charter to the Energy Charter Treaty
1.2 The Energy Charter Treaty: An Overview, with a Focus on Investment
1.2.1Substantive Provisions
1.2.2Dispute Settlement
1.2.3Applicable Law
1.3 Provisional Application of the ECT
1.4 The International Energy Charter and the Modernisation of the Energy Charter Treaty
1.4.1Investing in Carbon-neutral Energy under the UNFCCC Regime: The European Green Deal
1.4.2Reforming Investor-State Dispute Settlement
1.4.3Implementing Climate-friendly Investment Policies under the Energy Charter Treaty
1.4.4Reforming the Energy Charter Treaty

2 The Energy Charter Treaty and European Union Law: Investment Conflicts
2.1 Conflicts of Laws in Investment Disputes
2.2 Conflicts between EU law and Investment Agreements
2.2.1Intra-EU Investment Agreements
2.2.1.1 The Conflictual Stance of the European Commission and Investment Tribunals
2.2.1.2 The Stance of the Court of Justice of the European Union: Achmea
2.2.2Extra-EU Investment Agreements
2.3 Conflicts between the Energy Charter Treaty and EU Law
2.3.1Intra-EU ECT Relations
2.3.2Extra-EU ECT Relations
2.3.3ECT Implications of the Achmea Decision
2.4 Scope of the Conflict
2.4.1The Sources of EU Law and Their Effects
2.4.2The Hierarchy of the Sources of EU Law and the Energy Charter Treaty: An Internal Perspective
2.4.3An External Viewpoint on the Relationship between EU Law and the Energy Charter Treaty: International Law and EU Law
2.5 Content of the Conflict: The Centrality of Climate-friendly Investment
2.5.1Fair and Equitable Treatment
2.5.2Expropriation
2.5.3Public Interest and Environmental Protection
2.5.4Compensation
2.5.5Adjudication
2.6 The Problems of Uncertainty

3 Resolving Conflicts: Modernising the Energy Charter Treaty
3.1 Dividing Responsibility between the EU and Its Member States under the Energy Charter Treaty
3.2 Terminating or Suspending the Energy Charter Treaty via the TEU and TEFU as Subsequent Treaties? Article 59 of the VCLT and VCLTIO
3.3 Carving Intra-EU Relations out of the Energy Charter Treaty?
3.3.1An ECT Disconnection Clause?
3.3.2Procedural Carve-out?
3.3.3Disconnecting Intra-EU ECT Relations via an Express Agreement? Article 41 of the VCLT and VCLTIO
3.4 Substantive Priority
3.4.1Harmonious Interpretation: Article 31(3)(c) of the VCLT and VCLTIO
3.4.2Hierarchy (Lex Superior) and Conflicts of Supremacy
3.4.3Speciality (Lex Specialis)
3.4.4Inter-temporality (Lex Posterior): Article 30 of the VCLT and VCLTIO
3.4.5Provisional Application of the Energy Charter Treaty under Article 45 as a Conflict Rule
3.5 Procedural Implications
3.5.1Adjudication under the Energy Charter Treaty and Non-EU Jurisdictions: TFEU Articles 267 and 344
3.5.1.1 The Stance of the Arbitral Tribunal in Vattenfall
3.5.1.2 The Views of the Arbitral Tribunal in Landesbank Baden-Württemberg
3.5.1.3 Resolving Jurisdictional Conflicts in Light of Conflict Rules under Public International Law
3.5.2Enforcing Decisions under the Energy Charter Treaty in the EU: Impediments
3.6 Negotiating a Modernised Energy Charter Treaty

Conclusion

Chronology
Bibliography
Index


Notă biografică

Ottavio Quirico, Ph.D., University of Social Sciences, Toulouse, France, is Associate Professor in the School of Law, University of New England, Australia; Adjunct Lecturer at the Centre for European Studies, Australian National University; and Alumnus of the European University Institute.