Any agreement on limiting carbon emissions negotiated later this year in Paris could be fatally weakened by geopolitical tension, lack of trust in national  governments and the change in oil prices, speakers at the launch of the Word Energy Forum’s Global Risks Report suggested.
The dramatic fall in the oil price would be a “huge economic stimulus in Europe,” said Axel Lehmann of Zurich Insurance and that could make cliamt echange agreements more problematic. But, alongside that commodity price change, broader issues could undermine any agreement, speakers suggested.