The implications of withdrawal are more intricate than what people have been fixating on so far.
Paris climate accord Archives - State of the Planet
For those who favor strong action on climate change, the election of Donald Trump is creating plenty of anxiety and concern. Will Trump set our efforts to curb climate change back? How can those who are concerned about climate change best fight back?
The Columbia Center on Sustainable Investment’s conference of early November will consider, notably, how world production of oil and gas could be significantly reduced in manners protecting the interests of lower-income producing countries, given that staying on carbon budget will require leaving two thirds of our fossil fuel reserves unburnt.
2016 was a hot year for climate change shareholder resolutions hitting the boardrooms of oil and gas companies. Although more familiar climate news headlines have carried calls to “keep it in the ground” and divest investment portfolios from fossil fuels, a patient strategy has been quietly gaining momentum: shareholder engagement on climate change.
The outcome of this year’s presidential election could have far-reaching implications for the fate of our planet because the two presumptive candidates, Democrat Hillary Clinton and Republican Donald Trump, have very different ideas about climate change. What will they do about the Paris accord and climate change?
The political consensus for sustainability that could emerge might be based on increased funding for the science of renewable energy, battery technology, energy efficiency and smart grids. It could also include incentives for private sector investment to commercialize new energy technologies, and tax expenditures that make it easier for consumers to adopt these new technologies.
We need to focus our attention on the existing systems of management and influence now in place and attempt to turn them toward sustainability. This includes national, state and especially local governments, corporations and nonprofit organizations.