“According to a recent National Economic Research Associates Economic Consulting study, the Paris Agreement could obliterate $3 trillion of GDP, 6.5 million industrial sector jobs and $7,000 in per capita household income from the American economy by 2040. Meeting the 2025 emissions reduction target alone could subtract $250 billion from our GDP and eliminate 2.7 million jobs. The cement, iron and steel, and petroleum refining industries could see their production cut by 21% 19%, and 11% respectively.”
Fallacy: oversimplification