What has been the impact of Paris agreement on the oil corporations - ProProfs Discuss
Advertisement

What has been the impact of Paris agreement on the oil corporations around the world?

What has been the impact of Paris agreement on the oil corporations around the world?

Change Image    Delete

Asked by H.Donna, Last updated: Jan 12, 2025

+ Answer
Request
Question menu
Vote up Vote down

1 Answer

j.Barbara

j.Barbara

j.Barbara
J.Barbara

Answered Feb 27, 2018

The Paris Agreement was signed and adopted in the 2015 about the climate. This agreement wanted to help the greenhouse gases and other problems that affect the climate. Almost 200 countries signed this agreement. In 2017, the United States withdrew from the Paris Agreement. There would be an impact on the oil corporations around the world due to the Paris Agreement.

From France, the leader of the environmental department decided that they would implement a plan in order to stop fuel-run cars by the year 2040. This would allow other cars to be created that did not run on fuel. Due to this change, the oil corporations would lose money because not as much gas would be bought. It seems like this action may also be picked up by other countries as well.

upvote downvote
Reply 

Advertisement
Advertisement
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader

Email Sent
We have sent an email to your address "" with instructions to reset your password.