WASHINGTON, D.C.—Stephen Eule, vice president for climate and technology at the U.S. Chamber of Commerce’s Institute for 21st Century Energy, today issued the following statement regarding the climate change agreement reached today in Paris:
“The Paris climate conference delivered more of the same—lots of promises and lots of issues still left unresolved. While we are reviewing the final agreement, it’s clear that implementation still faces the same obstacles that we’ve been warning about for years. None of the commitments made, including those by the U.S., are binding, and many aren’t even complete. Moreover, Congress must appropriate any funds that the Obama administration has pledged.
“The White House’s overall domestic strategy of making energy more expensive and less abundant to satisfy international constituencies, many of whom compete against the United States, should worry the business community, American workers, and consumers. We will continue our efforts to understand how this deal affects the U.S. jobs and growth.”
Please visit the Energy Institute’s COP 21 page for information and analysis from the business community’s perspective on the climate negotiations.
The mission of the U.S. Chamber of Commerce's Institute for 21st Century Energy is to unify policymakers, regulators, business leaders, and the American public behind a common sense energy strategy to help keep America secure, prosperous, and clean. Through policy development, education, and advocacy, the Institute is building support for meaningful action at the local, state, national, and international levels.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.