The Paris climate agreement calls for big investments in renewable energy. Here’s why governments love it.
This past December, governments of the world met in Paris to negotiate aglobal climate agreement. It’s considered a breakthrough. Here’s why. Until now, climate agreements were “top-down,” giving countries targets and timetables for reducing climate-warming carbon emissions. The Paris agreement, by contrast, allows governments to come up with their own emissions reduction plans. Every five years, [...]