The Cost of Carbon Credits

"I thought that's the way it was going. I thought, you know, the pendulum had to swing the other way," he said. "You can just pull the rug out from under me like, oh, no, that was the old program and I spent billions of dollars on it ... But now you have to do some different." The Paris Agreement will cost about 820 billion euros -- $75 billion - but none of this will make any difference for people in third world countries who are already struggling with high energy costs. 'This is how they eat their homes'