As President Trump weighs whether to withdraw from the Paris Agreement on climate change, some have tried to present a “business case” for why the U.S. should stay in. An economic windfall would come with the early and aggressive investment in alternative energy that the accord mandates, or so the argument goes. The Paris Agreement’s backers have told a very incomplete story and reached the wrong conclusion. The economic merits of the Paris Agreement take on a different air when more fully considered. Climate-change...

Source: Wall Street Journal May 29, 2017 22:07 UTC