«By analysing the potential impact of future carbon constraints driven by global climate change policies, our study shows a deterioration in the financial risk profiles for smaller oil companies that could lead to negative outlooks and downgrades,» said Michael Wilkins, head of environmental finance at Standard & Poor's. (reneweconomy.com.au)
Figueres: I do think that the benefits of global climate change policy are unthinkable without the United States for two main reasons. (e360.yale.edu)
e360: Is there such a thing as global climate change policy without the U.S., or is that unthinkable? (e360.yale.edu)