President Donald Trump announced Thursday that the United States would abandon the Paris climate agreement, but his justification for withdrawing was rooted in a false economic claim.
Trump claimed that U.S. commitments under the Paris accord would cost the country’s GDP $3 trillion, but the report he took that estimate from “does not take into account potential benefits from avoided emissions.”
In other words: The study did not account for any benefits of participating in a global plan to avoid the worst effects of climate change. It is a report on climate mitigation that ignores climate change. The report also does not consider the economic benefits to renewable energy industries, nor does it consider the health costs that are associated with fossil fuel pollution.