Kudlow: Market Shows It Loves Trump’s Paris Decision

The record highs in the stock market at the end of this week is America’s seal of approval for President Donald Trump’s pulling out out of the Paris climate accord, as wars on business and fossil fuels come to an end, former economic adviser Larry Kudlow said Sunday.

“Trump is saying, ‘I’m here to defend America, and we are going to continue our explorations, technology, we going to try for a clean coal, we’re going to keep natural gas fracking, we’re going to keep oil, etc. – and the market loves that, because the market wants growth,” Kudlow told “The Cats Roundtable” on 970 AM-N.Y.

Kudlow said neither he nor Trump is anti-climate or against renewable energies, but the technology is not quite ready to power the U.S. and its economy, which needs to kick into higher growth.

“I’m for everything; I’m for all of the above,” he told host

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