(Washington)
Last week President Trump made big waves nationally and globally by taking the US out of the Paris Climate Accord. Trump contends that remaining in the agreement will cost the US millions of jobs and economic growth. The move caused quite a stir both domestically and amongst top US allies. Now, in a both a reaction to Trump and a sign of the fractured nature of the US, several states are banding together to form an alliance to achieve the emissions targets set out during in the Paris Accord. States including California, New York, and others, together which account for 30% of total US GDP, have formed the initiative. Their goal is to cut emissions 26-28% from 2005 levels.
FINSUM : This seems like it was destined to happen given the highly polemical and fractured nature of people's views on climate change.
- US
- Trump
- paris climate accord
- emissions
- california
- new york
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
