An article titled “How Trump could cost U.S. companies a climate bonanza” looks at the impact the US withdrawal from the Paris Agreement may have on U.S. businesses. Pulling out of the Paris climate pact may leave U.S. businesses outside the trading regimes worth hundreds of billions of dollars.
The article quotes David Antonioli, CEO of Verra, who comments:
“It’s still uncertain whether technologies like carbon capture and storage will be a part of any United Nations climate program. U.S. negotiators at the nearly 200-nation gathering in Madrid could try to shape the program’s design to include them, though it is not clear how much clout they will have in light of Trump’s pledge to exit the Paris pact as soon as November 2020.”