Trump announces U.S. withdrawal from Paris climate deal

Gwen Vasquez
June 2, 2017

The EU and China have reportedly signed an agreement to counteract any action by the USA which might undermine the Paris agreement. Even North Korea ratified the Paris agreement. "Now, for the United States to walk away from that, it's tantamount to a crime".

American corporate leaders have also appealed to the businessman-turned-president to stay in the pact.

"It front-loads costs on the American people to the detriment of our economy and job growth while extracting meaningless commitments from the world's top global emitters, like China", the memo distributed Thursday said. The future is with climate action. Backing out of the Paris Climate Agreements, however, is an even more serious matter.

"This is a major setback for the worldwide community and it is essential that the decision of the United States does not weaken global resolve".

Kushner has also advocated staying in the agreement while loosening the nonbinding regulations on emissions that the Obama administration devised, according to The Times.

Withdrawal would put the league with just two other nations - Syria and Nicaragua - that are not participating in the agreement. Earlier on Wednesday, President Trump had said that he was still listening to "a lot of people both ways".

Trump has said he will announce his decision on the landmark climate accord later Thursday. They also signed a multitude of business deals.

BP is part of an industry group on climate change which pledged to invest $1 billion over the next 10 years to develop technologies to capture and store emissions of greenhouse gases and improve energy efficiency.

In a Berlin speech, Chinese Premier Li Keqiang said that fighting climate change is a "global consensus" and an "international responsibility".

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"However, Trump's unilateral action, in an attempt to derail this crucial agreement, displays his complete ignorance to science, facts and what is now considered a self-evident truth". Along with China, the USA was considered a crucial component of the treaty due to its emissions output. "The failure to recognise and address this by the new United States administration constitutes a severe weakening of its credibility on the world stage, with ramifications beyond climate change".

That's according to multiple congressional officials and others briefed by the White House on the decision. "But we will begin negotiations to reenter the Paris accord or an entirely new transaction on terms that are fairer to the United States, its businesses, and its taxpayers". Two senior USA officials familiar with Trump's plans told CNN on Wednesday that he is expected to withdraw from the Paris accord. The agreement sees countries committing to reduce emissions, and for more wealthy countries to help developing countries financially to meet their own goals.

The Vatican, which under Pope Francis' insistence has strongly backed the accord, would see a US exit as disaster and "a huge slap in the face", Bishop Marcelo Sanchez Sorondo, a senior Vatican official, told the Rome newspaper La Repubblica.

He added that America is the "cleanest and most environmentally friendly country on Earth".

Framing his decision as "a reassertion of America's sovereignty", he said, "I was elected to represent the citizens of Pittsburgh, not Paris".

If the world were to drop the Paris agreement altogether and follow current trends, Climate Interactive calculates the world would be 4.2 degrees C warmer by 2100 (uncertainty range 2.5 to 5.5 degrees C).

House Minority Leader Nancy Pelosi (D-Calif.) called Trump's apparent choice "a grave threat to our planet's future".

To take the USA out of the agreement then, undoes the progress that we are trying to make to take care of our planet. The exit could take as long as one to nearly four years.

"At the latest G7 summit it already became clear how alone Trump stands".

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