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Obama's Paris agreement in simple terms


Posted: Jun 2, 2017

Today the Obama Administration will sign the Paris climate agreement at a ceremony in New York, a move that is projected to severely impact the U.S. economy with ironically negligible impacts for the environment. The agreement will not only set the stage for increased regulation, but will crush U.S. economic output, reduce household income for millions, and likely lead to hundreds of thousands of lost jobs.

 

 

The agreement is a product of the 2015 United Nations Climate Change Conference in Paris, where President Obama met with world leaders to commit the U.S. to non-binding emission reduction targets. Under the agreement, Obama committed the U.S. to wholly improbable reduction goals of 26 to 28 percent by year 2025.

Through a litany of regulations stemming from the agreement, Obama has essentially offered up the U.S. economy as a sacrificial lamb to further his own legacy.  Sadly, the agreement will not just hurt the country’s growth as a whole, but will trickle down to low-and-middle income Americans. As a result of the agreement, energy costs will skyrocket, in turn raising the cost of utility bills for families and increasing the costs of consumer goods.

A recent study by the Heritage Foundation projects that the Paris agreement and resulting policies will increase electricity costs for a family of four between 13 and 20 percent annually. The study also projected American families will see over $20,000 of lost income by year 2035. Such regressive policy hits the nation’s most vulnerable hardest, who ironically are the same people Obama uses to justify the deal. 

The Paris deal is also slated to reduce U.S. GDP by over $2.5 trillion, and result in an average shortfall of nearly 400,000 jobs by 2035. Of the 400,000 jobs lost, an estimated 200,000 will be in the manufacturing sector. This means Americans will also see the costs of consumer goods such as electronics, paper products, and apparel increase, inevitably taking more out of household income.

With such drastic costs to the U.S., American’s would expect an equally drastic benefit on the other end, yet that is simply not the case. Policies such as those resulting from climate deal would, even with a complete elimination of U.S. carbon emissions, result in less than two-tenths of a degree Celsius reduction in global temperatures. 

It is all to clear the Paris climate deal is all cost and no benefit for the U.S., and the Obama Administration is comfortable sacrificing low-and-middle income Americans, along with thousands of jobs and GDP, for an environmental benefit that is negligible, at best.   





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Proof of Obama disdain for USA. - No surprise to most.

[ In Reply To ..]
Thank you, God, for putting President Trump in office and not another leftwing loser like Killary or Bernie.

Thank you for posting this!

When you say "From the - other side"

[ In Reply To ..]
where did this article come from? It does sound from the "other side" as very conservative and biased, but would like to know the origin if you know?

I googled the first sentence. - Several sites have the article.

[ In Reply To ..]
:-)

by conservative bias do you mean fact based - rather than leftist emotionialism?

[ In Reply To ..]
Do you understand that cold hard objectivity is one of the founding principals of American conservatism as well as the belief in natural law (true liberalism)? when you decide to give up believing and supporting things because they superficially sound good and seemed to be based on good intentions, but rather to take every idea advanced by various politicians with a grain of salt, and decide to look at what these ideas actually mean, and what happens when these actually bad ideas when they are implemented, then you too will find yourself a conservative. For the sake of our country, I hope this happens to you soon, that you can look past the nice-sounding words and see what actually will happen. You should get down on your knees and thank G-D that Donald Trump is the president and got us out of that very bad deal.

Several sites? - deedee

[ In Reply To ..]
I did the same Google Search of the first sentence and it does indeed have several hits but did you notice they are ALL from the same website? art.org, indeed a very conservative site and not an objective one for sure. Several hits but not several SOURCES.

Americans for Tax Reform (ATR) is a politically conservative[1] U.S. taxpayer advocacy group whose stated goal is "a system in which taxes are simpler, flatter, more visible, and lower than they are today." According to ATR, "The government's power to control one's life derives from its power to tax

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