Paris Climate Agreement Jobs Lost

The Paris Climate Agreement came into effect on November 4, 2016. Since then, it has been the driving force behind numerous environmental jobs worldwide. However, the United States, one of the world`s largest polluters, has recently withdrawn from the agreement, causing a ripple effect on the market. The decision has resulted in a significant number of job losses in the renewable energy industry.

As per a report, due to the US government`s withdrawal from the Paris Climate Agreement, almost 80,000 jobs will be lost in the renewable energy sector in the country. Furthermore, renewable energy companies in the US will face obstacles in raising capital, thereby slowing down the pace of innovation. Experts believe that this decision could potentially cause many other countries to follow suit, leading to a global decrease in renewable energy jobs.

Not only has the withdrawal from the Paris Agreement affected renewable energy, but it has also affected jobs in other environmental sectors. The Paris Agreement aimed to limit global warming to well below 2 degrees Celsius above pre-industrial levels. This target would have led to an increase in climate change jobs such as engineering, sustainable agriculture, and more. With the US now withdrawing from the agreement, these jobs are at risk of being lost.

Several organizations, including the United Nations, have expressed their disappointment over the US government`s decision to withdraw from the Paris Climate Agreement. The decision will have far-reaching consequences on the environment and the job market. Climate change and renewable energy policies have created millions of jobs worldwide, and undoing this progress will have severe consequences.

In conclusion, the US`s decision to withdraw from the Paris Climate Agreement has resulted in the loss of thousands of jobs in the renewable energy industry and threatens to affect other environmental sectors. It is essential that governments worldwide work together to address climate change to create sustainable jobs and protect our planet`s future.