One of the Trump Administration's most crucial economic decisions was its withdrawal in June from the Paris Climate Accords. Politically, the decision upheld a campaign promise. Practically, it avoided saddling the country with the deal's arbitrary, restrictive CO2-emissions caps. Just how suffocating those strictures could have been was illustrated this week when the French government upended its automotive sector by mandating the elimination of gas and diesel engines by 2040 in order to meet the climate accord's targets. The decision will give French consumers — and manufacturers — no choice but to transition to expensive, unproven battery-powered vehicles ...
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