Five Stories: “Perhaps the most significant effect of the Paris agreement in the next few years will be the signal it sends to investors”
Here are five recommended reads for today (12/14/15).
- The Washington Post reports: “The word ‘historic,’ already being used to describe the just-accepted Paris climate agreement, is more than warranted. The world will now have a new and comprehensive regime in place to shape how its diverse nations go about the urgent task of reducing their greenhouse gas emissions.”
- Mark Hertsgaard argues at The Nation: “ The world—and the United States in particular—has one possible trick up its sleeve to help keep the 1.5 C target in reach, but it would mean banning shale gas…methane is actually a much more powerful trapper of heat than is carbon dioxide over the short term—which, paradoxically, means that reducing methane emissions offers a much quicker way to reduce the total concentration of heat-trapping gases in the atmosphere.”
- According to The Economist: “Perhaps the most significant effect of the Paris agreement in the next few years will be the signal it sends to investors: the united governments of the world say that the age of fossil fuels has started drawing to a close. That does not mean that they are necessarily right, nor that the closing will not be much more drawn out than the Marshall Islands and other such states would wish. But after Paris, the belief that governments are going to stay the course on their stated green strategies will feel a bit better founded—and the idea of investing in a coal mine will seem more risky.”
- Desmog Blog lists “Five Energy Stocks to Watch After Paris Climate Agreement.”
- Renew Economy writes that a “hidden gem” in the Paris climate agreement “condemns coal to early demise.”
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