United states Government

Government

This new Government administration has always had an issue when it comes to the contracts or issues with climate change. The federal government won’t get involved because it increases taxes and it cost a lot to do. Historically the united states have been the band-aid for the rest of the world. I think the United States are tired of footing the bill for climate change, when other countries are remaining neutral (like Sweden) and don’t contribute funds to make it possible. Although I don’t like or agree with this administration, I do agree with them on this. Why should we sign or be in something that most of our money is contributing to a cause that other countries should also be concerned about.

This isn’t only the United States issue or contribution it’s the worlds. Everyone will suffer in the long run so everyone should contribute. The report notes that climate-related disasters have already cost the US billions of dollars every year in economic losses. For example, rebuilding Puerto Rico’s power grid, which was destroyed by hurricanes Irma and Maria, is estimated to cost $17 billion; flooding in the Mississippi and Missouri river basins in 2011, triggered by exceptionally heavy rainfall, caused an estimated $5.7 billion in damages; and the federal cost of fighting fires across the US ranged from $809 million to $2.1 billion per year between 2000 and 2016. By 2100, these costs could rise to hundreds of billions of dollars a year and could affect the US economy worse than the Great Recession did, the report says (Earth Island, 2018). The prediction from Washington, DC is that meeting the commitments President Obama made as part of the Paris climate accord could cost the U.S. economy $3 trillion and 6.5 million industrial sector jobs by 2040, according to a comprehensive new study prepared by NERA Economic Consulting The report’s central scenario projects that additional regulatory actions necessary to meet the Paris target would by 2025 reduce U.S. GDP by $250 billion, reduce economy-wide employment by 2.7 million jobs, and lower household income by $160. (Matt Letourneau, USCC 2017). The Government with all these statistics shows why the Government is against such deals or treaties. I wonder if there is another way or amount that would satisfy all the countries.