St. Louis companies to feel effects of Paris climate change summit

Gateway Arch
Photo courtesy of Wikimedia Commons

The United Nations conference on climate change is taking place in Paris, but its effects will be felt acutely in the St. Louis area.

The region is, after all, home to some of the world’s largest coal companies. The fossil fuel is seen as a major contributor to emissions that trap heat in the Earth’s atmosphere, and coal companies like Peabody Energy and Arch Coal — already hurting because of a global slump for the commodity — could face additional challenges from regulations that arise out of the Paris conference.

Agriculture is another big industry in the St. Louis area, and scientists at Creve Coeur-based Monsanto and local universities are working to develop crops better suited to handle extreme weather.

More than 150 countries have submitted targets to cut greenhouse gas emissions. Though nothing agreed to at the conference is expected to be binding, a global deal would add pressure to countries to adhere to stricter emissions standards.

Read more from the St. Louis Post-Dispatch

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