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When will countries stop exploring for oil?

The Climate Question

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The Energy Charter Treaty Could Mean That Countries Might Stop Exploring for Oil

There is a new alliance of countries being formed at the moment, headed by denmark and costa rica. They have both pledged not to pore further for oiland gas. Katherine hiam: There's a real concern that as more and more countries introduce legal bands on fossil fuel development, companies could bring claims saying they've been treated unfairly. She says there are over three thousand international investment agreements around the world with provisions protecting companies.

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