"Climate Focused Companies React to Brexit," 24 Jun 2016

…[F]ollowing the announcement that the UK public voted to leave the EU…[e]nergy, climate change, and environment focused companies have had their say on what the result could mean...In a briefing note…the think tank E3G set out that while the result will trigger a protracted exit negotiation process, in the interim there is no change to existing rules…The global climate crisis demands that the UK and the EU accelerate the decarbonisation of their economies…The UK’s domestic Climate Change Act remains in place and the UK will ratify the Paris Agreement…The institutional investors group on climate change (IIGCC) called for the government to quickly enact the 5th carbon budget as a test of the government’s intent…Greenpeace UK’s John Sauven noted: “Many of the laws that make…our climate safer now hang by a thread.” Client Earth’s CEO James Thornton said…“…we have no idea which laws will be retained since those who campaigned for Brexit…failed to make clear during the campaign which environmental laws would be kept…”…