«The United Nations predicts that the U.S. will lose jobs in the rapidly
growing clean energy industry ― estimated to be worth $6 trillion by 2030
― to Europe, India and China. Countries that tax emissions may put tariffs
on American-made imports. And big companies that expect the U.S. will
have to regulate carbon eventually are likely to see ditching the deal as
only delaying the inevitable, while also sowing the sort of instability that
investors don’t like.
growing clean energy industry ― estimated to be worth $6 trillion by 2030
― to Europe, India and China. Countries that tax emissions may put tariffs
on American-made imports. And big companies that expect the U.S. will
have to regulate carbon eventually are likely to see ditching the deal as
only delaying the inevitable, while also sowing the sort of instability that
investors don’t like.
Trump’s decision also defies the desires of many major corporate and fossil
fuel interests. Oil giants including Exxon Mobil Corp. and Royal Dutch Shell
pleaded with the administration to stay in the deal, as did coal producers
and corporate behemoths such as Walmart, General Mills and DuPont,
all of which operate internationally.» @
fuel interests. Oil giants including Exxon Mobil Corp. and Royal Dutch Shell
pleaded with the administration to stay in the deal, as did coal producers
and corporate behemoths such as Walmart, General Mills and DuPont,
all of which operate internationally.» @
