{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Analyst: No Job Gains In Leaving Paris Agreement' data-url='/boclips/videos/5c54d47bd8eafeecae1f2f94' data-video-url='/boclips/videos/5c54d47bd8eafeecae1f2f94' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nAnalyst: No Job Gains In Leaving Paris Agreement\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eUS President Donald Trump has declared that abandoning the Paris climate agreement would be a victory for the American economy. Many economists have big doubts. Geoffrey Heal, Professor of Economics and Finance at Columbia Business...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eUS President Donald Trump has declared that abandoning the Paris climate agreement would be a victory for the American economy. Many economists have big doubts. Geoffrey Heal, Professor of Economics and Finance at Columbia Business School, says the agreement would have no positive impact on jobs and stresses there could even be some loss in environmental remediation efforts.Should the United States pull out of the pact and seek to protect old-school jobs in coal and oil, it would risk losing the chance to lead the world in developing environmentally friendly technology - and generate the jobs that come with it. What's more, over the haul, climate change itself threatens to impose huge costs on the economy. The Paris agreement has drawn surprising support from major companies, from oil giants like Exxon Mobil and Royal Dutch Shell to other corporate giants like Walmart and Apple. Under the Paris accord, nearly 200 nations agreed in 2015 to voluntarily cut greenhouse gas emissions in a landmark agreement to fight climate change. The pact became one of former President Barack Obama's signature achievements. But Trump campaigned on a promise to nix the deal, saying it would mean stricter environmental policies that would hobble the economy and cost jobs. A White House official said on Wednesday that Trump was planning to pull out of the Paris deal, although a final decision had not been made. Trump has performed u-turns on major policy pledges before, including on whether to abandon the North American Free Trade Agreement - a step the president no longer favours. Economists say that leaving the Paris deal and easing efforts to control emissions would hardly deliver a big payoff in jobs.FILE: Matewan, West Virginia – 11 November 20161. Matewan West Virginia Coal Miner's Way road sign at the site of the closed Spruce Creek coal mineFILE: Mingo County, West Virginia – 11 November 20162. Coal trainFILE: Decker, Montana – 15 November 20163. Wide of Mining yardNew York - 31 May 20174. SOUNDBITE (English) Geoffrey Heal, Professor of Economics and Finance, Columbia Business School:\"I see nothing good coming out of this. I mean this is gesture - it won't have any substantive impact on the energy industry in the US. The decline in the use of coal and the growth of sun and wind (energy) is all driven by costs, and those costs are not going to be affected by pulling out of the Paris agreement. Not at all.\"FILE: Chicago, Illinois – 14 January 20165. Various of wind turbine New York - 31 May 20176. SOUNDBITE (English) Geoffrey Heal, Professor of Economics and Finance, Columbia Business School:\"Jobs, no. There will be no positive impact on jobs. There could even be some loss of jobs because, to the extent that if (US President Donald) Trump scraps the clean power plant, then that's going to kill investment in environmental remediation - in scrubbers and things of that sort - which was quite an active field.\"FILE: Juliette, Georgia - 2 June 20147. Wide of coal-fired Plant Scherer cooling tower and smoke stacksNew York - 31 May 20178. SOUNDBITE (English) Geoffrey Heal, Professor of Economics and Finance, Columbia Business School:\"There's nothing that will be gained in terms of employment from this. Trump has spoken about putting coal miners back to work but that isn't going to happen because of (pulling out of) Paris, and frankly it isn't going to happen anyway because coal is just too expensive and too dirty.\"FILE: Decker, Montana – 15 November 20169. Various of coal coming out of chuteNew York - 31 May 201710 . SOUNDBITE (English) Geoffrey Heal, Professor of Economics and Finance, Columbia Business School:\"The US is going to lose its seat at the table when it comes to negotiations on environmental policy globally because of this. A lot of US business is quite keen to remain in the Paris agreement, because they want the US to have a seat at that table. These are going to be important negotiations. These are going to be negotiations that affect every country in the world, and the US really should be present in those negotiations. It's silly to just walk out of them.\"FILE: Irving, Texas - 24 June 201411. Various exteriors of Exxon Mobil headquartersNew York - 31 May 201712 . SOUNDBITE (English) Geoffrey Heal, Professor of Economics and Finance, Columbia Business School:\"The US is a rich, technologically sophisticated, forward-looking country and it should be playing a leadership role in this, and by pulling out the US is handing that role to China - and China is playing a leadership role in this area. China has been actively negotiating on climate issues with a number of countries. China has been very actively investing in green power. The Chinese government is quite open about wanting to make China a green superpower - the principal source of equipment in the green energy field. And that could mean lost opportunities for the US.\"FILE: Newport News, Virginia – 22 May 201413. 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