12/6/2019

BUSINESS/CLIMATE CHANGE/TRUMP AS PRESIDENT/UN: “President Donald Trump’s planned pullout from the Paris climate agreement has some U.S. companies worried that a business opportunity worth hundreds of billions of dollars is going to pass them by. The withdrawal could lock U.S. businesses out of a huge portion of the rapidly growing global market, already worth an estimated $164 billion, that seeks to put an economic price on the greenhouse gases warming the planet — a potential economic loss causing concern among American-based companies such as the food and candy maker Mars. Negotiators from nearly 200 nations began meeting on Monday [12-2-19] at a U.N. climate conference where the discussions include the details of how carbon trading markets could help meet the Paris agreement’s goals for heading off the worst consequences of global warming. But Trump’s exit plan would leave the United States as the only country on Earth not part of the Paris deal — and potentially left out of the economic bounty.”

Zach Coleman, “How Trump could cost U.S. companies a climate bonanza,” Politico, December 6, 2019 5:05 am