Donald Trump to dump the Paris agreement on Climate Change in 5 mins

[pjclarke]

US economy goes from strength to strength.

Now it has almost unlimited super cheap energy from coal and shale oil.

[pjclarke]

US economy goes from strength to strength.

Now it has almost unlimited super cheap energy from coal and shale oil.

U.S. coal’s main problem has been cheap natural gas and renewable power, not a politically driven “war on coal”, and it will continue being pushed out of the generating mix. In the U.K., coal-firing shrunk to a miniscule 3.6 percent of total electricity production in the third quarter of 2016, and other European countries are finally – and belatedly – turning their attention to forcing the early retirement of coal plants. In India and China, tackling urban pollution is a top priority. China has just announced the suspension of plans for 100 new coal plants, including ones whose construction has already begun, and India’s Electricity Central Electricity Authority has said that after the current crop of coal-fired power stations under construction are completed, the country will need no new ones until 2027.

Bloomberg New Energy Finance



US Coal mining employment peaked at about 250,000, now down to about 80,000, due to strip mining and automation. Nothing Trump can do will change that. If he really cared about the miners, he'd stop the energy companies screwing their workforces out of their pensions (Hint: he doesn't and he won't).

Big Coal in big trouble as coal production costs rise | Grist

[DimPrawn]

Yeah because coal is the future
I have to admit it's quite funny seeing the cretins take over the world.
It's like Alice in Wonderland.

[sasguru]

Yeah because coal is the future
I have to admit it's quite funny seeing the cretins take over the world.
It's like Alice in Wonderland.

[kaiser78]

US are the second biggest polluter in the world gence Trump ducking out of the Paris accord.

[DimPrawn]

US economy goes from strength to strength.

Now it has almost unlimited super cheap energy from coal and shale oil.

[oliverson]

Go Donald. About time somebody spoke some sense. I watched his speech and how anybody, love or loathe the guy, argue with anything he said. If we had more of that in this country our industry wouldn't be ruined by the bobs. Spot the theme though, India allowed to open as many mines as they like and pollute the environment while receiving huge sums of money. Does that country have no self-respect? Raping and pillaging other countries for their own ends. Hopefully this will be the beginning of the end. Next up a large wall between England and Scotland. The Scots want to be part of Europe? Off you go. Oh, they had the chance to leave the UK too recently didn't they? Bottled it.

[scooterscot]

Dumb. Predictable but still dumb.

The rest of the world will carry on with its transition to sustainable energy, and probably whack a carbon border tariff on American exports. Trumpty has forfeited the US seat at the cllimate table, for the sake of getting out of a non-binding agreement. Sad.

Exactly this.

Trump is fast driving the US towards protectionism. The world is a lot different since the 60's, much more globalised. I'm guess it'll hurt the US a lot more than the rest of the world.

[scooterscot]

Trump blasts the few billions the US spends towards dealing with climate change. On the other hand the US spends 10's of Billions on conflicts around the world affecting everybody, which we all must accept like it or not.

[pjclarke]

Dumb. Predictable but still dumb.

Coal cannot compete with gas and renewables. He's selling a false prospectus to the miners.

The rest of the world will carry on with its transition to sustainable energy, and probably whack a carbon border tariff on American exports. Trumpty has forfeited the US seat at the cllimate table, for the sake of getting out of a non-binding agreement. Sad.

ELEANOR HALL: You're suggesting that the European countries and China could gang up on the US if it does withdraw?

LUKE KEMP: I certainly hope so, I think that would be a far more effective outcome than Paris ever could have been. If Europe and China combine their emissions trading schemes and apply a common border tariff against the US, that's much more likely to actually get Trump to act on emissions than simply caving into the demands of the US.

And when you look historically at international agreements, the ones that work almost always have material disincentives. When the international community wants to get things done, they use things like trade measures.

So, I think it's an opportunity to actually build something much better than Paris.

From <http://www.abc.net.au/worldtoday/content/2016/s4676829.htm>

[DimPrawn]

[DimPrawn]