"There's no hand-waving about how 'We want to cooperate on climate,' " oil historian and S&P Global vice chairman Dan Yergin said in an interview. "It's, 'We're slamming the door on that issue.' " "We've gone from over-indexing it to zero-indexing it."
"The last 30 years of global history "was an exceptionally unusual period," said Nat Keohane, president of the nonprofit Center for Climate and Energy Solutions."
""Climate policy was facilitated by multilateralism, globalization and the sense nations had a common agenda far more than the world we live in right now," Yergin said."
The United States has withdrawn from the world's flagship climate treaty after more than 30 years, becoming the only country outside the agreement. Dan Yergin said the move amounts to slamming the door on climate cooperation and called the shift from over-indexing to zero-indexing. Nat Keohane characterized the past three decades as an unusually cooperative period driven by post-Cold War multilateralism and globalization. The last year showed rapid reversals across governments, corporations and culture: political dismissals, policy rollbacks in Canada, philanthropic refocusing, automaker retreats on EVs, and renewed questions about net-zero strategies.
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