But it probably won't.
The future of energy and environmental policy in the United Kingdom and the European Union has been thrown into question following the U.K.’s vote to leave the E.U. last week, despite promises from the current Conservative Party leadership that the country would deliver on commitments.
“The UK’s role in dealing with a warming planet may have been made harder by the decision last Thursday,” said Amber Rudd, the U.K. Energy and Climate Change secretary, on Thursday at a conference on business and climate. “However we choose to leave the EU, let me be clear: we remain committed to dealing with climate change.”
The country will also face difficulties as policymakers will need to evaluate the details of it system of energy and environmental regulations. Many of those rules were constructed in conjunction with the E.U. and the country’s policymakers will need to decide what to keep and what to reject. Chief among them will be the E.U. emissions trading system, which all but collapsed on news of the Brexit vote passing. […]
The most significant issue in the long-run may be what the Brexit vote suggests about whether countries with seemingly disparate interest will be able to come together to address what is essentially a collective action problem.
“It is the most serious problem facing the world with the potential to literally destroy all life as we know it,” said Michael Bloomberg, former New York Mayor and climate advocate, before the Brexit vote. “It’s better to be close to solve problems rather than pulling apart,” he added