For Nearly 30 Years Now, The United States Has Missed Every GHG Goal It's Set For Itself In COPs
Since 1992, the United States consistently has missed its targets for reducing globe-warming emissions, and a Dublin-based think tank estimates the resulting damage to the global economy has been $1 trillion.
The U.S. polluted far more 20 billion tons of CO2 worth than American negotiators said it would during repeated rounds of global climate deals, including Rio in 1992, Kyoto in 1997, Copenhagen in 2009, and Paris in 2015, a report published by the Institute of International and European Affairs (IIEA) today concludes.
This is not because the agreed targets were too ambitious or costly to meet, IIEA wrote. On the contrary: U.S. negotiators were highly successful in incorporating U.S. preferences into agreements, and targets were eminently achievable; but the costs have been vastly exaggerated by industry-funded studies.
The researchers pointed to history to illustrate the gap between projections produced by industry on the costs of environmental laws versus the costs that resulted once those laws were adopted. For example, they wrote, before the Clean Air Act, industry claimed that the cost of sulphur reduction would be $1,500 per ton, whereas the final cost was $1.50 per ton. Building on data from the Climate Action Tracker, which analyzes countries' progress toward international climate goals, the authors examined the difference between U.S. greenhouse gas pollution and the expectations American negotiators agreed to during global climate summits.
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https://www.desmogblog.com/2019/04/02/america-climate-pollution-targets-cost-global-economy-1-trillion-report