Wednesday, April 30, 2025

US Climate U-Turn; High Price for the Planet and Economy

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The US’s dramatic exit from the Paris Agreement has sent ripples across the globe, raising the question: who will pay the price for this climate action reversal?

From trade wars to environmental fallout, the consequences are far-reaching, and the cost may be higher than anyone anticipated.

In 2017, under President Trump’s leadership, the US withdrew from the Paris Agreement, a move that shook the foundation of global climate efforts. As the world’s largest historical emitter of greenhouse gases, this decision not only undermined years of climate progress but also left the US vulnerable to severe environmental and economic repercussions.

This dramatic U-turn shifted the axis of global climate leadership to other powers like the EU and China, while US exporters now face higher tariffs due to the European Green Deal’s stricter climate regulations. Domestically, the withdrawal has created a divide, with states, cities, and businesses pledging to meet climate targets despite federal policies that hinder progress.

The fallout from this climate reversal will be felt globally—fueling trade tensions, exacerbating environmental disasters, and increasing economic polarization. The most vulnerable will bear the brunt of this decision, while the US itself faces a future of escalating climate crises and economic instability.

US Climate U-Turn; High Price for the Planet and Economy

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