Canada Tells ICSID Climate Change Goals Required It To Block Gas Project

(September 12, 2024, 2:04 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Sept. 11 published Canada’s counter-memorial on the merits to a $1 billion claim brought against it by a U.S. liquid natural gas (LNG) investor under the North American Free Trade Agreement (NAFTA), in which Canada argues that a rejected LNG project would have conflicted with its goal of carbon neutrality by 2050....