Vallombrosa 300x100 12.2017

Trump correct on climate deal

June 22, 2017
John McCord
San Francisco

President Trump was correct protecting the U.S. taxpayer from a poorly written and internationally unsupported accord.

Here’s why: Almost 200 nations in the world (The Holy See didn’t take the necessary steps to be a signatory) signed the accord. Russia, China and India did not. Of those 197, just 147 have ratified it. Of those 147 only 43 have pledged funds to support the accord. Of those 43, just 38 have done so. Less than 20 percent participation by any standard is an abject failure. The U.S.A. is the largest contributor at $1 billion of $3 billion pledged so far. Can you see where this fiscal train wreck is going?

Less than four days later in what seems like a coordinated effort Mr. Bloomberg steps in to keep the effort alive. I say coordinated because the timing was tight and who believes a highly successful businessman would pledge $15 billion of his own money in a couple of days?

With all due respect, it wasn’t Pope Francis or the Curia who stepped up after Trump’s tough “No.”

I thank Mr. Trump for getting us out and taking the heat. I thank Mr. Bloomberg for demonstrating American generosity.

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