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Paris Agreement Fracking

In Britain, for example, tax cuts to North Sea oil and gas companies are so generous that the government will likely give them around £5 billion more than it will collect revenue over the next five years. Similar tax breaks exist for fracking companies – but not for renewables, of course. Some changes may occur immediately, such as the re-entry into the global climate agreement, forged in Paris in 2015, but other rules, according to Eilperin, will take a long time to reverse them. Williamson is no longer running for president. “As president, I would immediately take over the Paris climate accords, while working to expand discussions to insist on even more useful and enforceable agreements,” Williamson said. It will set itself a new target of “reducing emissions by 100% by 2030,” she told Swiss Post.

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