Dr Peiser said:
“The Paris agreement is another acknowledgement of international reality. The deal is further proof, if any was needed, that the developing world will not agree to any legally binding caps, never mind reductions of their CO2 emissions.”
“As seasoned observers predicted, the Paris deal is based on a voluntary basis which allows nations to set their own voluntary CO2 targets and policies without any legally binding caps or international oversight.”
“In contrast to the Kyoto Protocol, the Paris deal removes all legal obligations for governments to cap or reduce CO2 emissions. This voluntary agreement also removes the mad rush into unrealistic decarbonisation policies that are both economically and politically unsustainable.”
Lord Nigel Lawson, Chairman of the Global Warming Policy Forum, added:
“The UK’s unilateral Climate Change Act is forcing British industry and British households to suffer an excessively high cost of electricity to no purpose. Following Paris, it is clearer than ever that the Act should be suspended until such time as a binding global agreement has been secured.”
*) We would like to apologise to editors and correspondents as this is exactly the same statement we issued a year ago, with the sole change of Paris for Lima; but since there has been no substantive change in the COP21 deal there is no change in our assessment.