RICHMOND, VA – Governor McAuliffe announced Monday that he will continue to support the Paris Climate Agreement despite President Trump’s decision to withdraw the United States from the pact last week. The Paris Climate deal, which was negotiated under President Obama, would have cost 2.5 million U.S. jobs over the next decade and have had negligible effects on climate. McAuliffe’s decision follows his executive order in May to regulate carbon emissions from power plants and begin Virginia’s entry into an emissions-trading scheme.
“Governor McAuliffe’s commitment is meaningless posturing and he knows it. He doesn’t have the authority to put Virginia in compliance with the Paris Agreement, which would have threatened jobs and hiked energy rates in the Commonwealth,” said Americans for Prosperity-Virginia Director JC Hernandez. “If he’s serious, we look forward to seeing the governor’s plan he’ll need to submit to the legislature on getting Virginia into compliance with the Paris agreement, and how much this plan will cost Virginian taxpayers and consumers. Perhaps the first question is what the governor thinks Virginia’s obligation is under the Paris agreement. Virginians know the best way to reduce carbon emissions is to generate the economic growth that fosters innovation. Thankfully, the next governor has the final say on whether this harmful decision remains.”
Impacts of Greenhouse Gas Regulations On the Industrial Sector (National Economic Research Associates, 3/17)
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