[dohboi]

Trump’s abandonment of Paris climate deal to cost U.S. economy trillions, new study reveals

A new study from Stanford finds that failure to meet the goals of the Paris Climate Accord will cost the U.S. economy several trillion dollars in the coming decades — and cost the world economy tens of trillions of dollars.

The study, “Large potential reduction in economic damages under UN mitigation targets,” was published in the journal Nature last week. It is among the first to analyze the economic benefits of keeping global warming to the levels unanimously agreed to by more than 190 nations at the 2015 Paris climate summit.

President Trump has made the U.S. a rogue nation — the only one in the world to abandon the agreement — under the misguided notion that it will hurt our economy. The reverse is true.

“In fact, we calculate the cumulative savings to the U.S. economy alone of meeting the most ambitious Paris targets could total $6 trillion (in today’s dollars),” the researchers Marshall Burke and Noah Diffenbaugh explained in The Hill on Sunday.

Studies have made clear that this huge economic loss from inaction is vastly larger than the cost of reducing carbon pollution.

Indeed, the Stanford study finds that inaction could cause a stunning 30 percent loss in future global economic output — whereas the world’s scientists and governments have concluded that even the most aggressive climate action costs under 0.1 percent of GDP...

https://thinkprogress.org/trump-climate ... 120a5870a/

[Tanada]

That is a sad joke, given that the Paris Accord did nothing except waste energy while politicians partied and their staff's wrote a document with no realistic goals and no enforcement provisions.

[Newfie]

The Stanford statement is ridiculous on its face. It continues to presume that there will be economic growth and that the Earth can be sustainable in the face of such growth.

The only rational route for humanity is the reduction of population and a shift to less resource intensive life styles. Paris ignored this. Therefore the Paris Accords were damaging because they green washed the problem, offering a solution that did not exist.

I don’t think Trump understands any of this either. But we are just trying to differentiate between degrees of denial.

[onlooker]

Yes, to connect the Paris accord with a plethora of jobs is absurd. This Accord only served to save face for politicians before the voters who may have concern for CC , which in the US is not many. So, for some countries it was just an international gesture of good will before the Court of world opinion. (Some countries actually care about that),
And for some countries it was a dead serious issue. But, they just had to grin and bare it. For our species another nail in the coffin

[Plantagenet]

A new study from Stanford finds that failure to meet the goals of the Paris Climate Accord will cost the U.S. economy several trillion dollars in the coming decades — and cost the world economy tens of trillions of dollars.

Simply writing on a piece of paper that global warming should be limited to 1.5° or 2.0°C does nothing to actually limit global warming.

The Paris Accords call for INCREASES in CO2 emissions. That will drive MORE global warming, not less. The Paris Accords represent the most stupid and ridiculous kind of magical thinking.

Cheers!

[dohboi]

Glad to see P and others rise to that juicy bait!

[Plantagenet]

Paris Climate Accords seeks the rest of the 3 billion dollars Obama promised to give them

if-youre-still-in-the-paris-climate-agreement-its-time-to-pay-into-the-green-climate-fund

Obama committed the US to give 3 billion dollars to the "Green Fund" in the Paris Climate Accords. Obama gave them 1 billion before he left office in Jan. 2017, but they still want the other 2 billion Obama promised them.

After Trump took the US out of the Paris Climate Accords, dozens of US cities, states, and universities and businesses headed by people who claim to care about climate change have started a "we're still in" organization, where they pretend the US is still in the Paris Climate Accords. However, when they were asked to pony up the rest of the 3 billion dollars Obama promised to give to the Paris Accords office they decided they weren't really "still in" and wouldn't pay up.

Hahahah!


The "We're still in" group of US phonies who claimed to support the Paris Climate Accords decided they weren't really "still in" when the Paris Accords asked them for the rest of the 3 billion dollars Obama promised in 2016..

[Ibon]

A major macro trend accelerating is the decrease of international cooperation and a decrease of legitimacy of international treaties or organizations that bind nations to work together and cooperate. The EU has major rifts, the US is going down a more nationalistic road, China has its over arching plan of economic empire expansion just to name a few examples. The emergence of trade wars and return of tariffs. There is no world leader or organization today with any global legitimacy. Period. And the macro trend is fragmenting toward every nation focusing on domestic stability over international cooperation. This trend will increase moving forward. In fact the golden age of international cooperation of the past couple of decades is now over and this golden age produced nothing regarding climate change negotiations.

This fragmentation is one of the important solutions moving forward to weaken the juggernaut of kudzu apes on the planet. Each nation attempting to out maneuver each other in the grand game of musical chairs as resource constraints weakens the whole, weakens the legitimacy of the globalization of economic activity.

We are quickly moving from what was a facade of international cooperation into a new world order of overt protectionism of national interests.

At least this new trend line is more honest in its intent.

[onlooker]

Yes, its becoming survival of the fittest as Nature intended. At what point will the the food surplus and/or potent economic countries remove the assistance tether from the countries that do not enjoy these advantages?