Michael Bloomberg writes: President Trump’s unfortunate and misguided rollback of environmental protections has led to a depressing and widespread belief that the United States can no longer meet its commitment under the Paris climate change agreement. But here’s the good news: It’s wrong.
No matter what roadblocks the White House and Congress throw up, the United States can — and I’m confident, will — meet the commitment it made in Paris in 2015 to reduce greenhouse gas emissions that are warming the planet. Let me explain why, and why correcting the false perception is so important.
Those who believe that the Trump administration will end American leadership on climate change are making the same mistake as those who believe that it will put coal miners back to work: overestimating Washington’s ability to influence energy markets, and underestimating the role that cities, states, businesses and consumers are playing in driving down emissions on their own.
Though few people realize it, more than 250 coal plants — almost half of the total number in this country — have announced in recent years that they will close or switch to cleaner fuels. Washington isn’t putting these plants out of business; the Obama administration’s Clean Power Plan hasn’t even gone into effect yet.
They are closing because consumers are demanding energy from sources that don’t poison their air and water, and because energy companies are providing cleaner and cheaper alternatives. When two coal plant closings were announced last week, in southern Ohio, the company explained that they were no longer “economically viable.” That’s increasingly true for the whole industry. [Continue reading…]