Paris climate agreement ‘may signal end of fossil fuel era’

Former US vice-president Al Gore joins business leaders in welcoming 'a transformation of our global economy'

Governments may have signalled an end to the fossil fuel era, with massive consequences for industry, global security, financial markets and public health, Al Gore and other business leaders have said.

"This universal and ambitious agreement sends a clear signal to governments, businesses, and investors everywhere: the transformation of our global economy from one fuelled by dirty energy to one fuelled by sustainable economic growth is now firmly and inevitably under way," the former senator said in a statement.