America Withdraws from Paris Climate Agreement

                                   

U.S. President Donald Trump announces his decision regarding the United States’ participation in the Paris climate agreement in the Rose Garden at the White House June 1, 2017 in Washington, DC. Trump pledged on the campaign trail to withdraw from the accord, which former President Barack Obama and the leaders of 194 other countries signed in 2015. The agreement is intended to encourage the reduction of greenhouse gas emissions in an effort to limit global warming to a manageable level.

U.S. President Donald Trump has withdrawn the country from the historic Paris Climate Accord dealing with greenhouse gas emissions mitigation, adaptation and finance starting in 2020.Trump, in a nationwide broadcast on Thursday, said U.S. will either seek re-negotiation or remain withdrawn from the agreement that went into effect on November 4, 2016.Trump had promised to make his decision known this week on the Paris Climate Agreement, which as at May 2017, 195 members of UN Framework Convention on Climate Change, had signed and 147 had ratified.

“The United State under Trump will continue to be the cleanest and the most environment-friendly country on the planet.

To fulfil 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 our way into Paris Accord.

Or in really entirely new transaction or terms that are fair to the United States, its businesses, its workers, its people and its tax payers.

So, we are getting out but we will start to negotiate and we would see if we could make a deal that is fair and if we can, that’s great and if we can’t, that’s fine.

As President, I can put no other consideration before the wellbeing of the American citizens. The Paris Climate Accord is simply the latest example of Washington entering into an agreement that disadvantages the United States.

For the exclusive benefits of other countries, leaving American workers, who I love, and tax payers to observe the cost in terms of job loss, low wages, shattered factories and vastly diminish economic production.

Thus, as of today, the United States would cease all implementation of the non-binding Paris Accord and the draconian financial and economic burdens the agreement imposes on our country.

This includes ending the implementation of the nationally determined contributions and very importantly, the Green Climate Fund, which is costing the United States a vast fortune,” Trump said.

According to him, compliant with the terms of the Paris Accord and the onerous energy restriction that is placed on the U.S. could cost America as much as 2.7 million job loss by 2025.