Seven years ago this week, then-President Donald Trump announced the U.S. withdrawal from the Paris Agreement, correctly declaring U.S. commitment to its radical climate policies a “self-inflicted major economic wound” to the United States.
Now, with gasoline prices up by 52% and grocery prices up by 21% since January 2021, it is a good time to take stock of these two pivotal presidential decisions — and the direction Americans want for our future. Instead of handicapping our businesses and sending money to China, pro-growth policies under the Trump administration removed barriers to allow American businesses to drive prosperity and innovation.
At the most recent U.N. Climate Conference, Vice President Kamala Harris pledged an additional $3 billion to the Green Climate Fund under the Paris Agreement, which treats China as a recipient. The agreement does not require China to start reducing emissions until 2030 and does not include any enforcement mechanisms.