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Investment Governance between the Energy Charter Treaty and the European Union: Resolving Regulatory Conflicts [Kõva köide]

  • Formaat: Hardback, 152 pages, kõrgus x laius: 235x155 mm, kaal: 429 g
  • Sari: Nijhoff Studies in European Union Law 19
  • Ilmumisaeg: 01-Jul-2021
  • Kirjastus: Martinus Nijhoff
  • ISBN-10: 9004463429
  • ISBN-13: 9789004463424
  • Formaat: Hardback, 152 pages, kõrgus x laius: 235x155 mm, kaal: 429 g
  • Sari: Nijhoff Studies in European Union Law 19
  • Ilmumisaeg: 01-Jul-2021
  • Kirjastus: Martinus Nijhoff
  • ISBN-10: 9004463429
  • ISBN-13: 9789004463424
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.
Cases xi
Documents xvii
List of Abbreviations
xxvi
Introduction 1(5)
1 The Energy Charter Treaty, Investment And The Energy Charter Process
6(28)
1.1 The Energy Charter Process: From the (European) Energy Charter to the Energy Charter Treaty
6(3)
1.2 The Energy Charter Treaty: An Overview, with a Focus on Investment
9(11)
1.2.1 Substantive Provisions
9(4)
1.2.2 Dispute Settlement
13(3)
1.2.3 Applicable Law
16(4)
1.3 Provisional Application of the ect
20(2)
1.4 The International Energy Charter and the Modernisation of the Energy Charter Treaty
22(12)
1.4.1 Investing in Carbon-neutral Energy under the unfccc Regime: The European Green Deal
22(2)
1.4.2 Reforming Investor-State Dispute Settlement
24(2)
1.4.3 Implementing Climate Friendly Investment Policies under the Energy Charter Treaty
26(4)
1.4.4 Reforming the Energy Charter Treaty
30(4)
2 The Energy Charter Treaty And European Union Law: Investment Conflicts
34(49)
2.1 Conflicts of Laws in Investment Disputes
34(1)
2.2 Conflicts between EU Law and Investment Agreements
35(10)
2.2.1 Intra-EU Investment Agreements
35(1)
2.2.1.1 The Conflictual Stance of the European Commission and Investment Tribunals
35(4)
2.2.1.2 The Stance of the Court of Justice of the European Union: Achmea
39(3)
2.2.2 Extra-EU Investment Agreements
42(3)
2.3 Conflicts between the Energy Charter Treaty and EU Law
45(12)
2.3.1 Intra-EU ECT Relations
45(4)
2.3.2 Extra-EU ECT Relations
49(2)
2.3.3 ECT Implications of the Achmea Decision
51(6)
2.4 Scope of the Conflict
57(10)
2.4.1 The Sources of EU Law and their Effects
57(4)
2.4.2 The Hierarchy of the Sources of EU Law and the Energy Charter Treaty: An Internal Perspective
61(4)
2.4.3 An External Viewpoint on the Relationship between EU Law and the Energy Charter Treaty: International Law and EU Law
65(2)
2.5 Content of the Conflict: The Centrality of Climate Friendly Investment
67(14)
2.5.1 Fair and Equitable Treatment
68(3)
2.5.2 Expropriation
71(3)
2.5.3 Public Interest and Environmental Protection
74(2)
2.5.4 Compensation
76(3)
2.5.5 Adjudication
79(2)
2.6 The Problems of Uncertainty
81(2)
3 Resolving Conflicts: Modernising The Energy Charter Treaty
83(48)
3.1 Dividing Responsibility between the EU and Its Member States under the Energy Charter Treaty
83(2)
3.2 Terminating or Suspending the Energy Charter Treaty via the TEU and TEFU as Subsequent Treaties? Article 59 of the VCLT and VCLTIO
85(3)
3.3 Carving Intra-EU Relations Out of the Energy Charter Treaty?
88(8)
3.3.1 An ECT Disconnection Clause?
88(4)
3.3.2 Procedural Carve-out?
92(2)
3.3.3 Disconnecting Intra-EU ECT Relations via an Express Agreement? Article 41 of the VCLT and VCLTIO
94(2)
3.4 Substantive Priority
96(16)
3.4.1 Harmonious Interpretation: Article 31(3)(c) of the VCLT and VCLTIO
97(2)
3.4.2 Hierarchy (Lex Superior) and Conflicts of Supremacy
99(6)
3.4.3 Speciality (Lex Specialis)
105(3)
3.4.4 Inter-temporality (Lex Posterior): Article 30 of the VCLT and VCLTIO
108(2)
3.4.5 Provisional Application of the Energy Charter Treaty under Article 45 as a Conflict Rule
110(2)
3.5 Procedural Implications
112(11)
3.5.1 Adjudication under the Energy Charter Treaty and Non-EU Jurisdictions: TFEU Articles 267 and 344
112(3)
3.5.1.1 The Stance of the Arbitral Tribunal in Vattenfall
115(1)
3.5.1.2 The Views of the Arbitral Tribunal in Landesbank Baden-Wiirttemberg
116(2)
3.5.1.3 Resolving Jurisdictional Conflicts in Light of Conflict Rules under Public International Law
118(3)
3.5.2 Enforcing Decisions under the Energy Charter Treaty in the EU: Impediments
121(2)
3.6 Negotiating a Modernised Energy Charter Treaty
123(8)
Conclusion 131(4)
Chronology 135(2)
Bibliography 137(9)
Index 146
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.