EPA Chief Pruitt: Paris Climate Agreement Is a 'Bad Business Deal' for US
Environmental Protection Agency Administrator Scott Pruitt said on "The First 100 Days" tonight the United States should exit the Paris climate agreement because it's a "bad business deal" for America.
Pruitt said the U.S. "front-loaded" our costs under the Paris accord, while countries like China, Russia and India can continue to pollute and not take steps that our country already has.
He noted that U.S. carbon dioxide emissions are at pre-1994 levels, thanks to innovation and technology.
"What we should be talking about is how we export innovation, how we export technology that we've already deployed here," Pruitt said.
He said that the Obama administration's Clean Power Plan and the Paris deal represented a $2.2 trillion reduction in gross domestic product over a ten year period for the U.S., in addition to $292 billion of compliance costs and up to 400,000 lost jobs annually.
"That's a bad business deal for this country," Pruitt said, calling it a prime example of the previous administration's "America last" strategy.
Watch more above.