Never mind Trump – the market is moving away from fossil fuels
Trump falls flat with climate change retreat, Markets, not politics, drive energy sector’s push to cut greenhouse gas emission Ft.com by: Ed Crooks, 7 Aug 17, US Industry and Energy Editor On Friday, the US state department submitted a notification to the UN that the administration intended to withdraw from the Paris climate agreement reached in 2015. The statement, confirming the decision that President Donald Trump announced in June, is at one level momentous. The world’s largest economy and second-largest emitter of greenhouse gases is quitting a deal that the governments of leading European countries have described as “a vital instrument for our planet”. In terms of the consequences for the global energy industry, however, its impact has so far been negligible.
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