Friday, June 2, 2017

Trump correctly called the Paris Climate Accord a scheme to redistribute American wealth abroad


We have among the most abundant energy reserves in the planet, sufficient to lift millions of America's poorest workers out of poverty. Yet under this agreement, we are effectively putting these reserves under lock and key, taking away the great wealth of our nation, great wealth, phenomenal wealth. Not so long ago we had no idea we had such wealth. And leaving millions and millions of families trapped in poverty and joblessness. The agreement is a massive redistribution of United States wealth to other countries. ... 

Beyond the severe energy restrictions inflicted by the Paris accord, it includes yet another scheme to redistribute wealth out of the United States through the so-called "green climate fund" -- nice name -- which calls for developed countries to send $100 billion to developing countries all on top of America's existing and massive foreign aid payments.