No matter how embarrassed anyone becomes about Donald Trump’s Presidency, it’s never enough to keep up.
On June 1, 2017, President Trump announced that the U.S. would withdraw from the Paris climate agreement, declaring that:
“It is time to put Youngstown, Ohio, Detroit, Michigan, and Pittsburgh, Pennsylvania … before Paris, France.”
The decision was predicated on the premise that if the U.S. continued to uphold the agreement, the cost posed to U.S. citizens would be too great. However, it’s more likely that energy companies dealing in fossil fuels are the only ones susceptible to challenges owing to the agreement. Moreover, researchers at the University of California at Berkeley have found that “unmitigated, climate change could reduce global GDP by over 20 percent by 2100;” a 2015 report from Cambridge University’s Judge Business School pronounced that “present value of the damage caused by human-caused climate change from a moderate warming scenario is an astonishing $400 trillion” and Citibank noted in a 2015 report that ignoring climate change would cost $44 trillion by 2060, whereas investing in low-carbon energy would save $1.8 trillion through 2040.
Trump’s decision to withdraw from the agreement also may prove ineffective, as across the country, numerous mayors and governors from both major political parties and several CEOs from fossil fuel purveyors such as Exxon Mobil and Chevron have vowed to remain in accord with the agreement. Other companies taking the same stance include 3M, Bank of America, Campbell Soup, Cargill, Citigroup, Coca-Cola, Corning, Dow Chemical, DuPont, General Electric, Goldman Sachs, Johnson & Johnson, JP Morgan Chase, Morgan Stanley, Pacific Gas and Electric, Procter & Gamble, Tesla, Virgin Group and the Walt Disney Company.
Not to mention that Trump can not actually pull out of the deal until 2019, and has to give a years notice to do so. Though there are some methods to speed it up, the pull out is not likely to happen before 2020, meaning that the next President may have more to say about it than this one.
Most shocking of all, though President Trump has proclaimed that climate change is “bullshit,” in May 2016, Politico revealed that Trump applied for a permit to build a seawall near the Trump International Golf Links & Hotel in County Clare Ireland, to protect the resort from erosion that would result from rising water levels owing to global warming!
Even more ironic, Donald Trump’s signature, along with those of his three adult offspring, was attached to an open letter to President Barack Obama and the U.S. Congress published in 2009 as a full-page ad in The New York Times demanding passage of U.S. climate legislation, investment in the clean energy economy, and persuading the rest of the world to fight global warming!
So, it appears that Donald Trump believes in climate change enough to protect his businesses from it yet chose not to protect the country or the world. Yet again, it becomes painfully clear that Donald John Trump only stands for what people will fall for, as long as it gets him votes and saves his fellow plutocrats’ chickenfeed.
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