12 Feb 2026 10:36 am
Don't forget this either:
When announcing the U.S. withdrawal from the Paris Climate Accord in 2017, the Trump administration argued that the agreement was "costly and ineffective," claiming that staying in would cost the U.S. economy nearly $3 trillion in reduced output and over 6 million industrial jobs by 2040.
The administration also highlighted the following specific, immediate financial impacts of leaving:
Green Climate Fund: The U.S. ceased payments to the UN Green Climate Fund, avoiding a pledge of $3 billion that had already been made.
Regulatory Costs: The administration argued that scrapping the Obama-era environmental regulations that formed the basis of the U.S. commitment to the Paris Accord would save Americans $1.3 trillion.
Household Income: The administration claimed that its deregulatory efforts, including leaving the Paris Accord, would provide the average American household with an extra $3,100 every year.
When announcing the U.S. withdrawal from the Paris Climate Accord in 2017, the Trump administration argued that the agreement was "costly and ineffective," claiming that staying in would cost the U.S. economy nearly $3 trillion in reduced output and over 6 million industrial jobs by 2040.
The administration also highlighted the following specific, immediate financial impacts of leaving:
Green Climate Fund: The U.S. ceased payments to the UN Green Climate Fund, avoiding a pledge of $3 billion that had already been made.
Regulatory Costs: The administration argued that scrapping the Obama-era environmental regulations that formed the basis of the U.S. commitment to the Paris Accord would save Americans $1.3 trillion.
Household Income: The administration claimed that its deregulatory efforts, including leaving the Paris Accord, would provide the average American household with an extra $3,100 every year.