Between today’s attack on House Republicans culminating in the shooting of House Whip Scott Scalise and testimonies by both former FBI Director James Comey and Attorney General Jeff Sessions, it is hard to keep up with our news feed these days. It’s hard to remember that, less than two weeks ago, President Trump caused a stir among the ‘Climate Change’ community worldwide and announced that the United States of America, the world’s second largest polluter among nations, will be pulling out of the Paris Climate Agreement, also referred to as “the Paris Accord”.
The agreement was a non-binding agreement, mostly symbolic in nature, serving as a public acknowledgment of the effects of Climate Change and affirmance of America’s determination towards combatting such a threat to humanity. In 2015, 195 nations reached an agreement in curbing commercial carbon emissions with the exception of Syria and Nicaragua.
With the public eye so keenly intent on dissecting the recent testimonies surrounding the Russian investigation on Trump campaign collusion during the 2016 election, a couple of very important things have happened in the wake of the “Paris Accord Pullout” that’s can be viewed as a silver lining for our Republic:
States’ Rights Revival
As of recent, with pushes for monuments of Confederate leaders to be removed across the nation, States’ Rights has been given a negative connotation associated solely with the support of slavery. This culture has led to an increasing acceptance of Federal intervention of State Law. The founders framed the Constitution with limited government and the subdividing of wards and districts allowing for better representation of local populations. States’ Rights are outlined most specifically at the end of the 10th Amendment of the United States Constitution where it states, “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
A day after President Trump’s announcement on the Paris Accord, citing Pittsburgh as a “case-in-point”, Pittsburgh Mayor Bill Peduto issued an executive order pledging to continue to follow the guidelines of the Paris Climate Agreement. Five days later, Hawaii signed a similar piece of legislation asserting their commitment to fighting climate change. As of June 9th, eleven states, plus Washington, DC and Puerto Rico have vowed to pursue policies that will uphold the US’ commitments to the accord.
Free Market gets to work on social issues… As designed
On June 5, over 1,000 businesses identified themselves as supporters of the “We Are Still In” campaign along with governors, mayors and universities, chartered to join in a united effort to voluntarily follow the Paris Accord without the assistance of the Federal Government. This means that the Free Market is tackling social issues and environmental threats without the Federal Government as designed. Secretary of State and former ExxonMobil CEO, Rex Tillerson, has publicly announced his deviation from the President’s conclusion on climate change, prompting ExxonMobil along with other billion dollar corporations such as Nike, Ben & Jerry’s, Microsoft and Google to join the cause.
Apple released $1-billion in Green Bonds which will earmark investor contributions for green projects and initiatives to fight climate change. Investors are looking at a 10-year bond set at a 3% coupon yielding 82 basis points over comparable US Treasuries. With these steps, Apple and others are picking up in the private sector where the public sector left off and engaging in fundamental Republican efforts to ensure the honest and true representation of local populous’ throughout the country.
These revival of traditional principles America was founded on may not be indicative of a complete restoration of America but shows promise that we, as a people, can still govern ourselves.