global energy

  1. Politics and Policy
Busy? Try the speed read.

The scoop: Biden vowed to sign the Paris agreement in his first day in office. As an environmentalist, I think it's all hype no action.

Why Paris no bien:

  1. It's a pledge, not a policy. There's no binding enforcement mechanism. So a country like Russia or Mexico can agree to it, but it doesn't hold them accountable.
  2. It lets China off the hook. China, the #1 carbon emitter in the world, can hide behind the US if we re-join it. If the US led the world on climate policy without Paris, it would expose China's energy reality (they are slated to make up nearly half of global coal demand in 2024).

Bottom line: We get it, Trump sucks and he left the Paris agreement so the Paris agreement must be amazing. Well, the Paris agreement is ultimately not that significant in terms of climate action. Policy reform > pretty pictures

Dig deeper → 2 min

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