- Joined
- Jul 26, 2005
- Messages
- 6,490
- Reaction score
- 1,366
- Gender
- Male
- Political Leaning
- Undisclosed
Exiting the Paris Accord will hurt the US economy.
"Withdrawing from the Paris agreement does not make economic sense for the US, a group of economists has argued, as the cost of clean energy has fallen since the agreement was signed in 2015, while the risks of climate catastrophe have increased.
Economists from the Grantham Institute for Climate Change at the London School of Economics examined the economic case for the US withdrawal, which President Donald Trump signalled in June 2017, and which will take effect on 4 November, the day after this year’s presidential election.
They found that climate breakdown would cause growing losses to US infrastructure and property, and impede the rate of economic growth this century, and that an increasing proportion of the carbon emissions causing global heating would come from countries outside the US. That gives the US a vested interest in whether the Paris agreement succeeds or fails, regardless of whether the US fulfils its own voluntary obligations under the accord."
Trump exiting Paris accord will harm US economy – LSE research | Environment | The Guardian
That renewables are starting to out compete fossil fuels all across the world leading to great economic opportunities.
Plunging Renewable Energy Prices Mean U.S. Can Hit 90% Clean Electricity By 2035 - At No Extra Cost
Why Energy Storage Is Proving Even More Disruptive Than Cheap Renewables
There also just the health benefits from reduction in air pollution alone outweigh the cost of the Paris Accord.
Health benefits far outweigh the costs of meeting climate change goals
"Withdrawing from the Paris agreement does not make economic sense for the US, a group of economists has argued, as the cost of clean energy has fallen since the agreement was signed in 2015, while the risks of climate catastrophe have increased.
Economists from the Grantham Institute for Climate Change at the London School of Economics examined the economic case for the US withdrawal, which President Donald Trump signalled in June 2017, and which will take effect on 4 November, the day after this year’s presidential election.
They found that climate breakdown would cause growing losses to US infrastructure and property, and impede the rate of economic growth this century, and that an increasing proportion of the carbon emissions causing global heating would come from countries outside the US. That gives the US a vested interest in whether the Paris agreement succeeds or fails, regardless of whether the US fulfils its own voluntary obligations under the accord."
Trump exiting Paris accord will harm US economy – LSE research | Environment | The Guardian
That renewables are starting to out compete fossil fuels all across the world leading to great economic opportunities.
Plunging Renewable Energy Prices Mean U.S. Can Hit 90% Clean Electricity By 2035 - At No Extra Cost
Why Energy Storage Is Proving Even More Disruptive Than Cheap Renewables
There also just the health benefits from reduction in air pollution alone outweigh the cost of the Paris Accord.
Health benefits far outweigh the costs of meeting climate change goals