Why fear of billion-dollar lawsuits stops countries phasing out fossil fuels
6 mars 2025 à 11:00
Companies can sue governments for closing oilfields and mines – and the risk of huge damages is already stopping countries from passing green laws, ministers say
In the mountains of Transylvania, a Canadian company makes plans for a vast gold and silver mine. The proposal – which involves razing four mountain tops – sparks a national outcry, and the Romanian government pulls its support.
After protests from local communities, the Italian government bans drilling for oil within 12 miles of its shoreline. A UK fossil fuel firm has to dismantle its oilfield.
Continue reading...© Illustration: Israel Vargas/The Guardian
© Illustration: Israel Vargas/The Guardian