STICKER SHOCK! Cost of UN Climate Pact: $100 TRILLION

President Trump has pledged to cancel U.S. participation in the United Nations climate agreement signed last year by President Obama in Paris. However, various media sources are reporting that the president has backed off of this campaign commitment due to lobbying from daughter Ivanka Trump and her husband Jared Kushner, who reportedly support the UN Paris Agreement. Also in the global-warming alarmist camp, apparently, is Secretary of State Rex Tillerson.

There are many compelling arguments for President Trump to make good on this signature campaign promise, notwithstanding the dissidents within his family and his cabinet. Cost alone provides sufficient reason to deep-six the agreement, without even going into the incredible liberty-destroying regulatory shackles it proposes for the entire planet. The price tag associated with the global carbon-regulating regime envisioned in the document is nothing short of mind-boggling. How much would it cost? According to Danish environmentalist/statistician Bjørn Lomborg, the cumulative price tag for the UN Paris Climate Agreement, by the end of the century, would be an astronomical $100 trillion!

 

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