President Trump will announce plans to withdraw from Paris climate change accord

02 Juin, 2017, 05:22 | Author: Claudine Rigal

The White House remained tight-lipped about Trump's decision.

Trump said Wednesday he was still listening to "a lot of people both ways". The former reality TV star with a flair for drama later promoted his Rose Garden announcement in a tweet. The Daily Beast reported word from a conference call with White House energy policy advisor Michael Catanzaro, who confirmed a 4-year exit process.

As its authors wrote in a footnote, the research cited by Mr. Trump "does not take into account potential benefits from avoided emissions", and "the study results are not a benefit-cost analysis of climate change".

The president, however, argued the agreement had disadvantaged the U.S.

United Nations spokesman Stephane Dujarric described the USA withdrawal from the climate deal as a "major disappointment for global efforts to reduce greenhouse gas emissions and promote global security".

Under Mr Obama, the U.S. had committed to reducing its emissions by between 26% and 28% from 2005 levels by 2025. Countries are permitted under the treaty to change their goals and there is no punishment for missing targets.

Washington state is also moving ahead with capping carbon emissions and requiring power plants and oil refineries to reduce emissions over time.

The Paris deal "hamstrings the United States while empowering some of the world's top polluting countries" and any new agreement would need the burdens and responsibilities equally shared by nations around the world, he said. Several of the country's largest coal companies have sought bankruptcy protection in the past year, largely due to competition from natural gas made cheaper and more abundant by hydraulic fracturing.

Abandoning the Paris pact would isolate the USA from a raft of worldwide allies who spent years negotiating the 2015 agreement to fight global warming and pollution by reducing carbon emissions in almost 200 nations. Large corporations, especially those operating in global markets, have had years to get used to the idea that there are likely to be reductions on carbon emissions, and they have been adapting their businesses accordingly for some time.

He suggested the existing agreement was "about other countries gaining an advantage over the United States".

Trump Poised To Announce Decision On Paris Climate Agreement
Withdrawing would leave the United States aligned only with Russian Federation among the world's industrialized economies. He's said California's economy is proof that combating climate change isn't the economic deadweight Trump suggests.

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President Trump Will Withdraw US From Paris Agreement
Other European leaders issued more explicit appeals to the USA government not to abandon global measures against climate change. Business investors seemed pleased, with stock prices, already up for the day, bumping higher as he spoke.

Business leaders, normally strong supporters of Republican initiatives, had vigorously appealed to Trump not to abandon the agreement.

"There is much the United States can do to address the risks that climate change poses to human health and safety", the American Association for the Advancement of Science, a Washington-based non-profit, said in a statement issued before Trump spoke. We must use Trump's bad example to demand that our cities, states, and other institutions step up on climate action in meaningful ways.

Despite pressure from allies in the Group of Seven rich nations at a meeting in Italy last week, Trump had refused to endorse the agreement, rebuffing leaders from Canada, France, Germany, Italy, Japan and Britain.

The fiery libertarian insisted that the deal would "fail overwhelmingly" if put to a vote in the Senate, but said it is unlikely it would be put to a vote, even though that would be the more constitutional path.

Marshall Islands President Hilda Heine, whose Pacific island nation already is grappling with rising sea levels, expressed disappointment with Trump's expected move but applauded other countries for redoubling their commitments. While NASA's contracting decisions are supposed to be apolitical, Musk can't be sure that burning bridges with the Trump administration won't hurt SpaceX's chances of getting government contracts in the future.

Coal is the dirtiest of fossil fuels, accounting for more than three-quarters of carbon emissions from USA power plants despite generating less than 40 percent of the nation's electricity.

Trump made this announcement in front of a battery of reporters when the temperature this afternoon was reported to be around 26 degrees Celsius.

Interior Secretary Ryan Zinke said Wednesday in Alaska that he had "yet to read what the actual Paris Agreement is", and would have to read it before weighing in.

The Paris agreement is created to set the world on a path toward keeping the warming of the planet "well below" a 2 degrees Celsius (3.6 degrees Fahrenheit) rise above preindustrial temperatures, an amount of warming that scientists would consider "dangerous" climate change.


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