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

[Jessica123]

Trump’s abandonment of Paris climate deal to cost U.S. economy trillions, new study reveals
Benefits of climate action are over a hundred times larger than the cost of cutting carbon pollution
Joe Romm
May 29, 2018, 12:56 pm

A new study from Stanford finds that failure to meet the goals of the Paris Climate Accord will cost the 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.

https://thinkprogres...y-575120a5870a/

Pretty sad when you consider that Trump is harming our economy in everyway imaginable but his base just doesn't have the brain power to get it.

 

[K9Buck]

Have you ever visited a psychiatrist?

 

[cnm]

Pretty sad when you consider that Trump is harming our economy in everyway imaginable but his base just doesn't have the brain power to get it.

See? Immediately demonstrated. Home schooled, I bet.

 

[Jessica123]

Have you ever visited a psychiatrist?

Have you? You don't believe in science and you believe in an guy in the clouds so you almost certainly need it more.

 

[william the wie]

Have you ever visited a psychiatrist?

Have you? You don't believe in science and you believe in an guy in the clouds so you almost certainly need it more.

The postulates of AGW were disproven in 1961 at the MIT meteorological lab. google Lorenz and Chaos. AGW was created from BS and is kept alive by fraud.

 

[martybegan]

Trump’s abandonment of Paris climate deal to cost U.S. economy trillions, new study reveals
Benefits of climate action are over a hundred times larger than the cost of cutting carbon pollution
Joe Romm
May 29, 2018, 12:56 pm

A new study from Stanford finds that failure to meet the goals of the Paris Climate Accord will cost the 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.

https://thinkprogres...y-575120a5870a/

Pretty sad when you consider that Trump is harming our economy in everyway imaginable but his base just doesn't have the brain power to get it.

Thinkprogress?

LOL

As usual studies like this provide the benefits as things that don't actually provide any savings to anyone. Yet the actual costs are in hard values, in both actual investment and loss of productivity due to regulation, loss of innovation, and actual limits on technology.

 

[TNHarley]

Many have said that wasnt going to do anything anyways
Not to mention, AGW is based on models, politics and assumption

 

[Sunni Man]

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

Trillions isn't that much.

Now if it was Jillions of dollars.....I'd be worried. ....

 

[EvilCat Breath]

Think Progress. That means no one is going to believe it but cotton headed liberals.

 

[cnm]

The postulates of AGW were disproven in 1961 at the MIT meteorological lab. google Lorenz and Chaos.

So that's why there's a consensus, because it was falsified. Ffs. Why don't you show us the evidence?

 

[cnm]

Not to mention, AGW is based on models, politics and assumption

Have you falsified the green house gas theory?

 

[JakeStarkey]

The OP is correct, and the nay sayers are wrong and know it.

What is in it for them to nay say?

 

[martybegan]

The OP is correct, and the nay sayers are wrong and know it.

What is in it for them to nay say?

The assumptions in the OP's article are pure unadulterated bulshit, with made up benefits and grossly underestimated costs.

again, Thinkprogress, LOL

 

[kiwiman127]

ThinkProgress? No.
But InfoWars, ZeroHedge, ConservativeTree;etc, Yes!

 

[martybegan]

ThinkProgress? No.
But InfoWars, ZeroHedge, ConservativeTree;etc, Yes!

You ever see me quote any of those?

 

[C_Clayton_Jones]

Trump supporters aren't interested in facts and the truth.

 

[Wyatt earp]

Trump supporters aren't interested in facts and the truth.

Well Trump is trying to do his part to combat global warming with gas prices over $3 bucks..

 

[kiwiman127]

ThinkProgress? No.
But InfoWars, ZeroHedge, ConservativeTree;etc, Yes!

You ever see me quote any of those?

My comment was not directed at any specific poster, but more so, a large group who insist in on using obvious short hyper partisan resources.
To answer your question. No, I can’t say I have ever seen you using crap resources.

 

[MarathonMike]

Trump’s abandonment of Paris climate deal to cost U.S. economy trillions, new study reveals
Benefits of climate action are over a hundred times larger than the cost of cutting carbon pollution
Joe Romm
May 29, 2018, 12:56 pm

A new study from Stanford finds that failure to meet the goals of the Paris Climate Accord will cost the 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.

https://thinkprogres...y-575120a5870a/

Pretty sad when you consider that Trump is harming our economy in everyway imaginable but his base just doesn't have the brain power to get it.

OMFG that might the most retarded thing I've heard all year and there is PLENTY of competition. This thread receives the rare MEGA LAME rating.

 

[Old Rocks]

Commissioned by the British government and led by economist Nicholas Stern, the massive report was the first of its kind to quantify the costs to address climate change and its impact on the global economy vs. what would happen if the world continued emitting carbon pollution unchecked.

It found that cutting carbon emissions so that carbon dioxide peaked in the range of 450-550 parts per million would cost 1 percent of the GDP annually, but ignoring climate change could cause economic damage on the order of up to 20 percent of the GDP. Translated into real world numbers, the Stern Review put a price of about $85 per ton of carbon pollution emitted today, well above the current rate used by the U.S. of $40 per ton.

It’s a stark finding — though one that has yet to inspire major action — that was both heralded as a breakthrough and hotly debated in the intervening decade.

10 Years on, Climate Economists Reflect on Stern Review

More to come