Byline
Michael is a professional leader in the fields of energy investments, complex commercial deals, and sustainability with extensive international experience. His personal interests span from socio-political issues, history, and culture.
From the Archives
Seandainya Saya Penulis Pidato Presiden RI …
By michael on August 9, 2010
Tulisan pidato ini adalah fiktif belaka yang diandaikan sebagai pidato Presiden RI. Dalam andaian itu, pidato ini dibacakan untuk menjawab keresahan masyarakat yang memilihnya untuk menjadi Presiden atas tindak kekerasan yang terjadi menjelang bulan suci Ramadhan dan peringatan hari Kemerdekaan Republik Indonesia. Tindak kekerasan diluar hukum sebagai wujud intoleransi seharusnya tidak memiliki tempat di negara yang serius menerapkan Pancasila. Pidato ini bukanlah serta merta sebuah kritik, tetapi lebih merupakan pengharapan–pengharapan bahwa 65 tahun adalah umur yang cukup bagi sebuah Negara dan Bangsa untuk mulai beranjak dewasa; dan juga pengharapan bahwa seorang pemimpin yang terpilih secara demokratis dapat pula menegakkan asas-asas demokrasi yang fundamental, termasuk melawan dengan tegas mereka yang berusaha merusak tatanan demokrasi.
Simplifying the Pathway to 2030; an investment treaty exclusively for climate-related investment
Co-authors: Reg Fowler and Michael Putra
Summary
Climate change and the energy transition present a wicked problem, a multifaceted issue which cannot be addressed by a single solution, necessitating difficult trade-offs. Private investment in the energy transition is especially exposed to policy risk, and therefore deserves investment protection. Investment treaty reform and retrenchment create uncertainty. The authors propose a multilateral investment treaty which exclusively protects investments which qualify as contributing to the host state’s nationally determined contributions under the Paris Agreement (“NDCs”) in a publicly transparent manner. The investor will be protected against the impact of host state’s dilution or deferral of its NDC implementation plans, provided that the relevant investment is meeting its pre-agreed technical objectives. The purpose is to incentivise climate change related private investment as swiftly as possible, on “future proof” terms, without complicating negotiations by introducing measures to deter fossil fuel investment or resolve
longstanding debates on investor-state dispute settlement.
Full contribution can be accessed on page 103 from the following document:
https://www.oecd.org/investment/investment-policy/OECD-investment-treaties-climate-change-consultation-responses.pdf