When President Donald Trump talks about climate change, he often recycles one well-known, shaky argument: that doing anything about it will be a financial disaster. After pulling out of the Paris climate agreement, he said it was costing the U.S. “trillions of dollars that other countries were not paying.” He’s also said that President Joe Biden’s plan to boost electric vehicles threatened the auto industry with “economic destruction” (before Trump “saved” the industry by reversing it, of course). Trump has tried to scare other countries into following suit, telling world leaders last year, “If you don’t get away from this green scam, your country is going to fail.”
If you look at the Trump administration’s justification for scrapping environmental protections, it always comes back to money. Officials justify these moves with estimates that almost always avoid or downplay the stunning costs of letting climate change continue unchecked, even as extreme weather brings the risk into focus. A record-breaking spring heat wave scorched the Western U.S. at the end of March, worsening wildfire forecasts and threa... Read more
