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Response from the market: http://i.imgur.com/CDKVSWq.jpg http://i.imgur.com/CDKVSWq.jpg The Paris Accord according to President Trump would have allowed China
by sergiotapia 9y ago
Response from the market: http://i.imgur.com/CDKVSWq.jpg http://i.imgur.com/CDKVSWq.jpg
The Paris Accord according to President Trump would have allowed China to do whatever they want for the next 13 years, while India would receive billions in aid.
http://climateactiontracker.org/countries/usa.html http://climateactiontracker.org/countries/usa.html - US Pledges ( 26-28%)
VS.
http://climateactiontracker.org/countries/china.html http://climateactiontracker.org/countries/china.html - China Pledges (0%)
- dgquintas 9y agothat's hardly a response to anything. The market moves in that amount (and larger) every day.
- vxxzy 9y agoThat's more likely a response to the Jobs Announcement...
- deleted 9y ago[deleted]
- hinkley 9y agoAnd us not being there is going to prevent this how?
- lukewink 9y agoThe announcement came after the market closed, didn't it?
- harryh 9y agoAlso the announcement wasn't a surprise. To whatever degree this announcement might have an effect on future corporate earnings (a fairly dubious connection imho) it was already priced in.
- epistasis 9y agoUS is getting off pretty easily here, since we're only making pledges about the future, and not having to pay for what we're already putting out there.
- sqeaky 9y agoYou make it sound like those "pledges" are binding or even difficult to make happen. Keeping a 0% change for China while trying to convert from a developing to a fully industrialized nation is very difficult and ambitious, actively reducing our emissions is just going to happen anyway because of the uptake in non-fossil energy sources.
- dguaraglia 9y agoIf you take Trump's word on anything related to global economy and international relationships, you probably deserver what's gonna happen to the US economy thanks to his stupidity.