The commitments made are not legally binding and political decisions could be altered by future elections or regime changes. The funds available for adjustment are too limited and, of course, there is no carbon price.
All true, but politics is the art of the possible and what has been agreed is a triumph for French diplomacy and for the French Foreign Minister Laurent Fabius personally. Many deserve credit but success depends on leadership. He is the Energy Personality of the Year because he has played a crucial role in changing how the sector will evolve worldwide for decades to come. Read more