Most Oil Majors Still Mum on Paris Climate Pact
View on Climate Wire website"Alan Krupnick, senior fellow and co-director for the Center for Energy and Climate Economics at Resources for the Future, said major oil companies, 'whether they're quiet or not,' have incorporated climate regulations into their plans. The oil and gas industry is aware of and has factored in the costs of the Obama administration's most salient regulations, he said, citing federal measures to curb methane leakage, the ratcheting up of corporate average fuel economy standards and the heavy-duty trucking measure unveiled this year (ClimateWire, June 17, 2015). 'So companies aren't burying their heads in the sand,' Krupnick said of Paris policies and domestic regulations. 'I would imagine the companies are thinking, 'There's no surprises here.''"
