, 2017) Since his pullout in June, Trump has repeatedly reaffirmed the
wisdom of pulling out of the “bad deal” for the U.S. that was Paris.
This article, by Lawrence Solomon, first appeared in the National Post Canada
LAWRENCE SOLOMON: PARIS IS DEAD!
Paris came to New York this week, with leaders of countries signing the 2015 Paris Climate
Agreement coming to the United Nations to chide, nudge or beseech Donald Trump in
hopes he would reverse his decision to scrap the agreement.
The U.K.’s Theresa May, France’s Emmanuel Macron and Justin Trudeau, among others,
could have saved their breath. Since his pullout in June, Trump has repeatedly reaffirmed
the wisdom of pulling out of the “bad deal” for the U.S. that was Paris. All the evidence that
has since come down only bolsters his case.
Shortly after Trump announced the pullout, stats from the Global Coal Plant Tracker portal
confirmed that coal is on a tear, with 1600 plants planned or under construction in 62
countries. The champion of this coal-building binge is China, which boasts 11 of the world’s
20 largest coal-plant developers, and which is building 700 of the 1600 new plants, many
in foreign countries, including high-population countries such as Egypt and Pakistan that
until now have burned little or no coal.
All told, the plants underway represent a phenomenal 43 per cent increase in coal-fired
power capacity, making Trump’s case that China and other Third World countries are
eating the West’s lunch, using climate change as a club to kneecap us with expensive power
while enriching themselves.
The coal plants underway represent a phenomenal 43 per cent increase in
coal-fired power capacity
At the same time that growth in coal is soaring, that of renewables is sagging. As reported
by Bloomberg New Energy Finance, renewables investment fell in 2016 by 18 per cent