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Bansi Sharma @bansisharma
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1. Carbon Emissions

Global carbon dioxide emissions from the burning of fossil fuels are projected to rise by more than 2% in 2018 to the highest levels in recorded history, according to a new study by the Global Carbon Project.

Expect MSM to find a way to bash Trump over it.
2. The report comes as climate negotiators gather in Katowice, Poland, for the latest round of UN climate talks. So it's time to look under the covers what's going on since Trump pulled the U.S. out of the Paris Accord.
3. First, let us look at two graphics to ground ourselves in facts. Here's the graphic showing progression of yearly carbon dioxide emissions, 1960 to 2017.
4. Now here's the more interesting graphic about who's been naughty and who's been nice on carbon emissions.
5. In 2017, U.S. carbon emissions decreased by more than 42 million tons. Despite departing from the Paris Agreement, the U.S. significantly reduced its carbon footprint. In fact, U.S. achieved the largest decline in carbon emissions in the world for the 9th time this century.
6. We’re upholding our end of the contract. Meanwhile, China, the Paris Protocol’s champion and the world’s most notorious polluter, produced the largest increase of carbon in the atmosphere in 2017.
7. Coupled with India, China’s carbon contributions accounted for nearly half of the total surge in 2017 global carbon emissions.
8. Paris Accord was not a binding treaty, but only a collection of pledges based on the honor system (agreed to by nations with inconsistent records).
9. Since the agreement lacked an enforcement clause, it could not hold countries accountable or penalize them if they failed to meet their obligations. But most of the participating countries’ commitments were far from inspiring, anyway.
10. The Manhattan Institute’s Oren Cass, an expert on energy policy, called the Paris Accord something “between a farce and a fraud.”
11. Cass explained that China pledged to “reach peak emission by about 2030.” Well, the United States government had already completed a study to guess when Chinese emissions would peak; their guess was about 2030.
12. India did not pledge to lower their emissions at all, but merely pledged to “reduce the emissions intensity.”
13. Numerous countries promised to remain on their current emission trajectories. Bravo! Obama applauded their efforts and happily accepted their half-hearted pledges. But then he committed the U.S. to meet disproportionately large, economy-crippling targets.
14. Using the National Energy Modeling System 2015, a computer model created by the U.S. Department of Energy, the Heritage Foundation projected that the Paris Accord would cost the U.S. nearly 400,000 jobs and the national economy $2.5 trillion by 2035.
15. Not to mention, Obama kindly donated $3 billion from the unlimited U.S. bank account over four years to the Green Climate Fund, which uses developed nations’ money to help developing countries reduce their carbon dioxide emissions. He did it without Congressional approval.
16. If the patterns of history hold, the money probably will not go to its intended purposes and will instead be funneled to the ruling elites of the impoverished nations.
17. As the saying goes, “Foreign aid is taking money from poor people in rich countries and giving it to rich people in poor countries.” If the U.S. remained in the agreement, it’s likely future admins would turn the Green Climate Fund into another U.S. foreign aid black hole.
18. Parting ways with an unnecessary, unfairly expensive international agreement did not end U.S. free-market innovation or investment in new energy technologies, which have caused large decrease in carbon emissions depicted by the AEI graph above.
19. When confronted with these inconvenient facts, MSM and Democrats often resort to, "But U.S. has given up its 'leadership' position by pulling out of the accord." And what has that 'leadership' brought about over the last 20 plus years on this front? Nothing!
20. For bureaucrats 'leadership' often means spending billions of American taxpayer dollars to enable international gatherings in exotic locales where parasites hobnob over expensive caviar and champagne while feeling virtuous. Trump pulled away the champagne bottle.

The End.
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