Posted by DoctorKz on 6/2/2017 6:02:00 AM (view original):
http://www.thedailybeast.com/paris-can-waitit-was-a-bad-deal
According to one report commissioned by the American Council for Capital Formation with support from the U.S. Chamber of Commerce Institute for 21st Century Energy, “the Paris climate accord could cost the U.S. economy $3 trillion and 6.5 million industrial sector jobs by 2040…”
One might argue that this is a matter of life or death, so the sacrifice is justified if it saves humanity. Here’s where the deal really falls apart. According to another study, the Paris deal would shave about 0.2 degrees off warming by 2100. You heard me right. Assuming everything works perfectly according to plan, we could plausibly be trading 6.5 million jobs for a 0.2-degree payoff.
But remember, there is no enforcement mechanism. These pledges are not binding. So even if you assume the best case scenario regarding predictive models, there’s no guarantee other countries will follow through.
China and India are building more coal plants. They won't do their fair share anytime soon. This accord does little or nothing to change our climate, is non binding. Is a bourgeois liberal agreement that lets us feel good about us doing our part, but does virtually nothing except voluntarily hamstrings our economy. Trump can do better.
China canceled the building of 100 coal plants in the last two years. They now get alnost 30 percent of their energy from clean renewable resources, compared to 15 percent for us. They are on a pace. To reach their Paris Accord goal 10 years early. Quit listening to your head of the EPA. Pruitt is there to destroy it and nothing else.