Reuters + CarrZee comment

apple.news/AoiMuNF1qQlWpj3o8XCh7fw

Key bit is near the end… and could place downward pressure on fossil-fuel futures….because it lowers long-term demand.

“One of the key proposed reforms to the treaty is the reduction to 10 years the period energy firms from non-EU signatories such as Japan and Turkey would enjoy protection of their existing investments in the bloc.

Brussels’ proposal would allow the changes to enter into force, after which, the EU would leave the treaty.

Withdrawing from the treaty without first approving the reforms would leave the EU subject to the current sunset clause that for 20 years protects existing investments.”