The wailing and gnashing of teeth on the Left over President Donald Trump’s decision to pull the United States out of the Paris climate change agreement is not only overblown, it’s puzzling.
This was, after all, a campaign promise that Trump made. That he ever considered not pulling us out of the accord is more surprising than his actually doing it is.
But aside from keeping a promise, his decision is also good news for the United States.
The Paris accord is not based on the idea that global climate is changing. That observation is not only “settled science” — it has been the case through all of the planet’s existence.
The Paris accord is about taxing production and use of materials. It’s about limiting economic activity that allows people to make and use goods that they need. And it’s a bad idea.
Taxing and regulating carbon consumption to try to limit man’s effect on climate will someday be looked upon by economists the way bloodletting is seen by doctors today.