From PolitiFact Texas:
In attack on Paris accord, Texas oil regulator selectively cites economic numbers
Wayne Christian is fed up with environmentalists and what he described as the ‘awake’ liberal policies that threaten to disrupt the smooth recovery of Texas’ energy sector from pandemic.
The Republican oil and gas regulator, one of three commissioners from the Texas Railroad Commission, wrote down a mission earlier this month aimed at those who recently threw Texas’ natural gas in a bad light – the French government for its commitment to A Houston company on environmental concerns, the ‘sensational fake news media’ for reducing emissions improvements, and the ‘environmental extremists’ for promoting Green New Deal policies.
In the letter posted on the agency’s website on January 5, Christian reiterated President Joe Biden’s promise to rejoin the Paris climate agreement, which he gave on his first day in office. . Former President Donald Trump withdrew from the international treaty in 2017, which is intended to reduce carbon emissions, although the terms of the agreement stipulated that the US could not formally leave until November 4, 2020. ”
That would be a huge mistake, ‘Christian wrote. “The agreement entails sky-high costs with very low benefits and unfairly sets a double standard, based on unproven assumptions and climate models that are almost entirely wrong.”
Then Christian pointed to a 2017 study released by an economic research firm on behalf of the U.S. Chamber of Commerce and the American Council for Capital Formation, an economic policy business.
‘The cost of the Paris Climate Agreement to the US economy is severe. The agreement will cost American workers 6.5 million jobs and $ 3 billion in economic growth by 2040 by 2040, ”Christian wrote, citing the 2017 study.
The study, entitled “Impacts of Greenhouse Gas Regulations on the Industrial Sector,” was also quoted by Trump when he justified his decision to withdraw from the Paris Agreement.
“The cost to the economy at this time would be about $ 3 billion in lost GDP and 6.5 million industrial jobs, while households would have $ 7,000 less income and in many cases much worse than that,” Trump said in a 2017 announcement. of the Rose Garden …
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