Binding Enforcement News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Start smoking again. no binding enforcement on them. but they re making a public pledge and thas what climate accord is. every country submits a plan we ll cut our carbon emissions by this year, u.s. 26 to 28% by 2025 and they publish updates, right. the u.s. could miss the target. china, india, there s no enforcement mechanism. it s a public pledge that everybody collectively can see each other. it s peer pressure. collective peer pressure and it s also the way in which making a public accountable promise can actually shift the kind of institutional incentives and market incentives. for investors for markets that are figuring out where the world is going economically, betting on future technologies, this provides a big market signal that the world is on board with this trajectory. and can shift public opinion. if there s no real enforcement, no ramifications, no real consequences, why is donald trump saying it s a bad deal for the u.s.? i don t know. it doesn t make much sense ....

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