COST & BENEFIT ANALYSIS OF THE UNITED STATES’ WITHDRAWAL FROM THE PARIS AGREEMENT

What are the benefits and costs associated with the United States withdrawing from the Paris Agreement on climate change? This note approaches this question focusing on the advantages and disadvantages for the United States while considering its global impact and the moral dimensions involved. This work is unique, because it considers this United States’ controversial decision from this law and economics perspective. This note also advances our understanding about membership in the Paris Accord, as it compares the United States’ withdrawal with the engagement of India.