Shell warns Trump not to withdraw from Paris Agreement
Thursday, May 25, 2017
On Monday, Royal Dutch Shell issued its most clear-cut warning to the Trump administration, urging it not to pull out of the Paris Agreement addressing climate change, according to the Huffington Post.
The company believes withdrawing from the 2015 pact to cut greenhouse emissions would affect many aspects of international trade.
“What I think would happen as a consequence of [withdrawal] is that the U.S. would weaken its own hand by basically uninviting itself from a number of [negotiating] tables,” Shell CEO Ben van Beurden told the Financial Times in an interview published Monday morning.
Currently, the White House is split on whether to move ahead with President Donald Trump’s campaign-trail promise to cancel the Paris Agreement. However, it is believed he is leaning toward withdrawal. His decision could be announced as early as next month.
Learn more: Huffington Post > Oil Giant Shell Warns U.S. Not To Withdraw From Pairs Accord On Climate
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Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.