Showing posts with label Climate Change. Show all posts
Showing posts with label Climate Change. Show all posts

Dec 12, 2015

Historc Paris Climate Accord reached

In Paris delegates from hundreds of nations have approved landmark Climate accord. 

It is for the first time that such an agreement has been reached between participating members, earlier summit in Copenhagen collapsed owing to the mutual differences between two of the world's biggest Carbon Emission countries US and China. 

It is too early to say what the future holds for this accord, but the leaders have pledged to agree to follow the pact in letter and spirit.

As for now there are now no legal bindings on the member countries to present before any public authority any data related to emissions. 

But come 2020 the nations are legally bound to present the data to public authorities, thus creating a "name and shame" kind of policy to indicate the violators of pollution norms established by the just reached Paris Accord.

In the United States there is stiff opposition to the Climate politics where every Republican candidate have questioned the science of Climate Change and voiced opposition to the Climate Change policies of the Obama administration.

The Accord means a major shift from the existing business policies moving away from investments in Oil and Gas, Coal and other Fossil fuel based energies to clean energies like Solar, Wind and Nuclear Energy with zero carbon emission.
Nations approve landmark Climate accord in Paris - NYtimes