Cookie Control

This site uses cookies to store information on your computer.

Some cookies on this site are essential, and the site won't work as expected without them. These cookies are set when you submit a form, login or interact with the site by doing something that goes beyond clicking on simple links.

We also use some non-essential cookies to anonymously track visitors or enhance your experience of the site. If you're not happy with this, we won't set these cookies but some nice features of the site may be unavailable.

By using our site you accept the terms of our Privacy Policy.

(One cookie will be set to store your preference)
(Ticking this sets a cookie to hide this popup if you then hit close. This will not store any personal information)

"Paris Climate Pact Sinks Coal Stocks, Lifts Renewable Energy"

"A landmark deal to curb global warming dented shares of fossil fuel companies and lifted renewable energy stocks on Monday, although some price swings were muted by the non-binding nature of the pact.

The deal forged at the Paris climate summit is widely seen as the most important climate agreement since the 1997 Kyoto Protocol. It commits rich and poor nations to rein in rising carbon levels and seeks to eliminate net greenhouse gas emissions from human activity this century.

Renewable energy companies are expected to see big upticks in investments to develop new technologies in coming years, while coal and oil companies may see tougher regulations."

Sudip Kar-Gupta, Annabella Nielsen, and Swetha Gopinath report for Reuters December 14, 2015.

Source: Reuters, 12/15/2015