IMO framework’s complexity is bad enough even without the politics
- Few agree on what the Net-Zero Framework will achieve two months from its (likely) adoption
- Clearest view is the framework is deeply flawed. But progressives want to fix it rather than scrap it
- Countries will try to negotiate the best result for their own industries
Four months after its approval, opinion is deeply divided on what the Net-Zero Framework will achieve. That is bad for green investment now. But the framework still looks more likely to be adopted than abandoned
