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The Conversation USA

The Conversation USA

How treaties protecting fossil fuel investors could jeopardize global efforts to save the climate – and cost countries billions

  • Written by Rachel Thrasher, Law Lecturer and Researcher at the Boston University Global Development Policy Center, Boston University
imageThe threat of expensive payouts may already be having an effect.Tom Stoddart/Getty Images

Fossil fuel companies have access to an obscure legal tool that could jeopardize worldwide efforts to protect the climate, and they’re starting to use it. The result could cost countries that press ahead with those efforts billions of dollars.

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