Currents - Energy Industry Insights - December 2018

William Herlihy, Nicholas Preservati
Spilman Thomas & Battle, PLLC
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The 'Trump Effect' is Slowing International Progress on Climate Change, Think Tank Warns -

"The report from the Institute of International and European Affairs ("IIEA") considered the impact President Donald Trump was having on the objectives of the Paris Agreement."

Why this is important: The IIEA conflates the effectiveness of the Paris Agreement with the objectives of the Paris Agreement. There are few who disagree with the primary objective of the Agreement, which is to reduce global CO2 emissions. However, critics have pointed out signatories to the Agreement have no objective standard they must follow or any emissions reduction they must achieve....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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