Trump to withdraw from Paris accord

Trump to withdraw from Paris accord

Businesses and corporate leaders were quick to react to President Trump's decision Thursday to pull the US from the Paris climate agreement.

The decision ends months of uncertainty about whether Trump would fulfill his campaign pledge to "cancel" US participation in the deal, which was signed by 195 countries.

"We are firmly convinced that the agreement can not be renegotiated", they added, referring to Trump's announcement that Washington was open to negotiating a new agreement.

But he was withering in his criticism of the pact, which he cast as a humiliating defeat for American workers that unfairly advantaged foreign countries.

"We're getting out. And we will start to renegotiate and we'll see if there's a better deal". "If we can, great - if we can't, that's fine".

"That's the vision for the future we think is the only sensible vision for the future - and the one we're building toward", he said. The decision was announced Thursday afternoon in the Rose Garden.

"In order to fulfill my solemn duty to protect America and its citizens, the United States will withdraw from the Paris climate accord, but begin negotiations to re-enter - either the Paris accord or an entirely new transaction with terms that are fair to the United States, its businesses, its workers, its people, its taxpayers", Trump said. And for the nations that committed themselves to that future, the Paris Agreement opened the floodgates for businesses, scientists, and engineers to unleash high-tech, low-carbon investment and innovation on an unprecedented scale.

"The administration is joining a small handful of nations that reject the future", Obama said in the statement.

That said, US carbon emissions will still probably continue to decline, at least for a few years.

President Trump officially withdraws from Paris climate pact
The move did not necessarily come as a surprise- reports on Wednesday indicated Trump meant to leave the agreement. According to the US President, in short, the agreement doesn't eliminate coal jobs .

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.

The US decision to exit the landmark Paris climate deal is a "major disappointment", a spokesman for UN Secretary-General Antonio Guterres said Thursday, saying America needed to remain a "leader on environmental issues". That said, without the world's second largest carbon emitter chipping in, it will undoubtedly be harder to achieve the Paris Agreement's ultimate goal, of limiting global warming to 2 degrees Celsius. Many conservative Republicans share the president's climate skepticism. "Signed by President Obama without Senate ratification, it would have driven up the cost of energy, hitting middle-class and low-income Americans the hardest".

Among environment groups, Climate Action Network said the withdrawal "signals that the Trump Administration is in total discord with both reality and the rest of the world".

"This decision shows a stunning disregard for the well-being of people and the planet", said Andrew Steer, president & CEO of the World Resources Institute. "President Trump will now have to answer for walking away from one of the most hard-fought and popular global achievements in recent memory".

"Weighing in from the business community [might] have a bigger impact on Trump", he said.

McKenna said Canada will co-host with China and the European Union a ministerial summit here in September to advance action on the Paris agreement.

Stuart Leavenworth and Lindsay Wise contributed. But if the United States president in the next hours and days says that he will get out of the Paris accord, then it's the responsibility of Europe to say: "that's not acceptable".

Pegged at over 10 million kilotons of carbon dioxide in 2013, China's carbon dioxide emissions are double those of the US.

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