Europa, Obama und das Pariser Klimaabkommen
Mein Kommentar im heutigen Wall Street Journal: Amid the media’s elation over the United Nations climate deal reached in Paris on Dec. 12, one significant outcome has been overlooked. The European Union failed to achieve its main objective, namely that the agreement adopt carbon-dioxide mitigation commitments that are “legally binding on all parties.”
While this may appear to be a major setback, it liberates Europe from the restrictions of the Kyoto Protocol—which runs out in 2020—and opens the way for more flexible and less damaging policies…
The toothless nature of the Paris agreement finally allows EU member states to abandon unilateral decarbonization policies that have damaged Europe’s economies and its international competitiveness. Under such circumstances, the unconditional climate policies of President Obama would be left out in the cold.