Neste Issues A Statement On The U.S. Withdrawal From The Paris Agreement
On June 2, 2017, Neste, a member of the Biobased and Renewable Products Advocacy Group (BRAG®), released a statement in response to the decision by President Trump to withdraw the U.S from the Paris Agreement. According to Neste, the U.S. withdrawal is “unfortunate” and “a saddening turn for the international battle against climate change.” The decision, however, will not signal the downfall of the Agreement, which has been ratified by 147 of the 197 countries that signed it. The statement highlights the fact that no changes have been made to the Renewable Fuel Standard, which has set increasing obligations for renewable fuels for 2017 and 2018, nor to the California Low Carbon Fuel Standard. Neste aims to continue to make renewable products available to U.S. states, cities, and businesses to support their ambitious targets for reducing emissions.