British investors could sue Australia over climate action if UK joins trans-Pacific trade pact
- Written by Patricia Ranald, Honorary research associate, University of Sydney
British oil and gas miner Rockhopper Explorations last month won £210 million plus interest (about A$360 million) in compensation over Italy’s 2015 ban on oil and gas drilling within its territorial seas.
It’s a portent of claims Australia may face from British companies invested in Australia’s fossil-fuel industries if the...