Trump on the Paris Agreement
View on FactCheck.org website"We asked Roberton C. Williams III, a resource economist at the University of Maryland and a senior fellow and director of academic programs at the economic analysis group Resources for the Future, to review the Heritage Foundation’s report. He called the $2.5 trillion figure a 'reasonable estimate,' given the numbers and methodology used in the report, but said it was 'expressed in a misleading way.'"
"Yunguang Chen and Marc A.C. Hafstead, both fellows at the organization, found that a constant carbon tax of $21.22 (in 2013 dollars) starting in 2017 would allow the U.S. to meet its Paris Agreement target by 2025. The U.S. could alternatively use a carbon tax rate starting at $16.87 in 2017 and rising at 3 percent per year to meet its target."
