aside Pro-Business Argument In Favor Of US Staying With Paris Climate Agreement

Image result for photos of world leaders sign off on paris climate accordI am thrilled to see a republican like George P. Shultz, a former Secretary of State who has teamed up with Ted Halstead, the founder, President and CEO of the think tank, Climate Leadership Council, to share a conservative approach towards addressing climate change mitigation and for recommending that the White House orders the US to remain in the Paris climate agreement.

Below is France’s new President Emmanuel Macron making a presentation to welcome all climate change mitigation scientists to his country which is looking to the future. President Macron plans for France to be the world’s leader regarding climate change technological innovations.

Meanwhile the US is stuck in the mud because of climate change deniers led by the republican President Donald Trump where Government workers are not even permitted to use the words, “climate change” in their communications.

Here is the rest of the story…

On 5/9/17. George P. Shultz and Ted Halstead of the New York Times penned the following opinion piece, “The Business Case for the Paris Climate Accord.”

“President Trump faces a choice that will echo across his presidency and beyond: whether to remain in the Paris climate agreement. Although most Americans, his own secretaries of state and energy, and heads of state from around the globe are urging the president to stay, he remains undecided. Let us hope that a newly invigorated pro-Paris campaign by many of America’s top C.E.O.s will sway him.”

Image result for photos of george shultz and ted halstead“In a recent barrage of public letters and full-page ads, Fortune 100 companies are voicing strong support for remaining in the Paris accord. The breadth of this coalition is remarkable: industries from oil and gas to retail, mining, utilities, agriculture, chemicals, information and automotive. This is as close as big business gets to a consensus position.”

“American business leaders understand that remaining in the agreement would spur new investment, strengthen American competitiveness, create jobs, ensure American access to global markets and help reduce future business risks associated with the changing climate. Leaving Paris would yield the opposite.”

Image result for photos of george shultz and ted halsteadOur companies are best served by a stable and predictable international framework that commits all nations to climate-change mitigation. The Paris agreement overcame one of the longest-standing hurdles to international climate negotiations: getting the developing world, including China and India, on-board. If America backs away now, decades of diplomatic progress could be jeopardized.”

“Global statecraft relies on trust, reputation and credibility, which can be all too easily squandered. The US is far better off maintaining a seat at the head of the table rather than standing outside. If America fails to honor a global agreement that it helped forge, the repercussions will undercut our diplomatic priorities across the globe, not to mention the country’s global standing and the market access of our firms.”

Image result for photos of george shultz and ted halstead
George Shultz

“Staying in Paris in no way binds the president to Obama-era climate regulations. Indeed, the only risk Mr. Trump faces from altering or weakening domestic climate policy under Paris is in the court of public opinion, not in federal courts. Seventy-one percent of Americans favor remaining in the Paris agreement, according to a survey by the Chicago Council on Global Affairs, and an even larger number favor clean energy.”

“What’s more, there’s nothing in the Paris agreement to prevent the administration from adopting more cost-effective, market-based and business-friendly climate policies. For all their good intent, the Obama administration’s climate regulations — most prominently the Clean Power Plan to reduce carbon dioxide emissions from power plants — saddle industry with cumbersome requirements, inhibit business investment and have proved highly divisive. President Trump’s recent executive order to withdraw or rewrite these regulations is but the beginning of a multiyear legal battle that leaves American industry facing significant regulatory and pricing uncertainty, the worst of all worlds.”

Image result for photos of world leaders sign off on paris climate accord“The only quick and sure path to undo these regulations is through legislation. This offers the president a potent negotiating strategy: Propose a meaningful price on carbon in exchange for a rollback of Obama-era climate rules. This could pave the way for a bipartisan climate solution, and a major victory for Mr. Trump. For example, a revenue-neutral carbon tax starting at $40 per ton would meet the high end of America’s commitment under Paris, justifying the elimination of all previous carbon regulations, as we and our co-authors argued in a recent study, “The Conservative Case for Carbon Dividends.”

“The president’s Paris verdict will ultimately be about more than climate. It also carries major implications for America’s place in the geoeconomic order. Staying in Paris would advance the president’s priorities not only by creating jobs, but also by leveling the playing field in trade. American companies are well positioned to benefit from growing global markets in clean technologies, generating domestic jobs and growth.”

Image result for photos of world leaders sign off on paris climate accord“By contrast, pulling out of the agreement could subject the United States to retaliatory trade measures, enabling other countries to leapfrog American industry.”

“If the president wants to strengthen America’s competitive position, he should combine a price on carbon with border tariffs or rebates based on carbon content. United States exports to countries without comparable carbon pricing systems would receive rebates, while imports from such countries would face tariffs on the carbon content of their products. Not only would this encourage other nations to adopt comparable carbon pricing, but it also would end today’s implicit subsidy for dirty producers overseas, which puts American businesses at a disadvantage.”

“Businesses supporting the Paris accord are the president’s natural allies. They can help him fashion a conservative climate solution that upholds our commitments and enhances America’s greatness.”


  1. Dear Gronda, I always look forward to your posts. How many other voices like yours are endeavouring to put intelligent fact based views regards the new American paradigm. How many of the people of America are looking at them, taking them on board. How can the ordinary person of the world, wherever they are, believe in the once proud and considered politics of the USA. (for better or worse). Personally, I will always respect and stand by Americans and their ways, but everything I have always loved about America is being eroded almost daily by that clown in the White House. As an Australian, I am very well aquainted with fools in parliament, but of a nation like America that invested in, cultivated and indeed constructed new world order, according to principals I could admire, has now become inefectual strategically, politically and to me most importantly, to hold a generous moral conscience. If it is only about how the money talks, count me in to resist, whether it be America, Australia or any of the world countries where just getting by day to day is real, all the political bullshit just makes me/ us stronger. The continuance of an administration such as the current one, would have Bin Laden laughing from the great beyond… I continue to follow and read your work with great interest, it will be the prevailing of topsy turvy crap from a great office OF THE WORLD that will turn me away.
    This is a political point of win or lose, for more than USA. The ordinary, the dispossessed, the persons who live to love their children, who fight racism, intolerance and injustice… a new world order indeed. Because if the lowly remain so, the high and mighty will reap what they sew…

    • Dear Steele646,

      Thank you for all your kind words.

      What the USA is going through is disheartening. We foolishly believed that this could not happen here. This is pushing many of us to become politically involved who would rather do something else. But we have to fight to put our country back on the right and honorable path.

      Time will tell if “we the people” can prevail.

      Hugs, Gronda

  2. Thanks for this update Gronda, makes alot of sense, good for the environment and business. Sadly, if it’s not DDT’s idea, he rejects arbitrarily.

    • Dear 1EarthUnited,

      The need to mitigate for climate changes in our world is an issue that crosses party lines. The US military considers this to be a national security issue but it can’t do the planning for this because US congress has blocked the funding.

      Hugs, Gronda

    • Dear CarolMaeWY,

      It is great to get business on board this wagon for addressing climate change. Think about it. The homeowner insurance business will take some hard hits if climate change issues are not faced and tackled.

      Ciao, Gronda

  3. Gronda, it becomes a simple question. Where do you want to invest your time, emphasis and money – in a growing industry that positions our country as a leader in the future or a retrenching industry? The double digit job growth per annum is occurring in renewables. Coal jobs are declining with demand, so an investment here will not have the same ROI. Then, there is the environmental issues which are huge by themselves. Keith

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