Trump to announce decision on Paris deal tomorrow

Trump to announce decision on Paris deal tomorrow

During his campaign, Trump pledged to "cancel the Paris agreement".

A USA decision to withdraw from the accord could further alienate American allies in Europe already wary of Trump and call into question US leadership and trustworthiness on one of the world's leading issues.

In a speech in NY on Tuesday, UN Secretary General Antonio Guterres made an appeal for the world to intensify action to fight climate change and implement the global deal.

If we continue to pump greenhouse gases into the atmosphere on current trajectories, we are facing a world with temperatures of more than 4C above pre-industrial levels by 2100, hotter globally than at any time in human history.

Trump has already moved to dismantle Obama-era climate change regulations, including the U.S. Clean Power Plan aimed at reducing emissions from main coal-fired power plants. The heads of dozens of major corporations, including ExxonMobil, Apple, Dow Chemical, Unilever, and Tesla, made last-minute appeals to stay with the accord.

President Donald Trump, accompanied by Environmental Protection Agency (EPA) Administrator Scott Pruitt, third from left, and Vice President Mike Pence, right, signs an Energy Independence Executive Order, March 28, 2017, at EPA headquarters in Washington.

Trump said he'd been "hearing from a lot of people, both ways". The choice is between a formal withdrawal that could take three years or leaving the United Nations treaty that the accord is based on, which would be quicker but more extreme, according to Axios.

Peabody Energy, the largest publicly-traded US coal company, and Arch Coal each dropped 2.8 percent.

Michael Brune says future generations will look with "stunned dismay at how a world leader could be so divorced from reality and morality". China generates about 20 per cent of its electricity from renewable sources, compared to about 13 per cent in the U.S.

"... Responsible policymakers should be honest about what's going on in the USA coal sector - including the causes of coal's decline and the unlikeliness of its resurgence - rather than offer false hope that the glory days can be revived", says the Columbia report.

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Democratic U.S. Senators Bob Menendez and Jack Reed wrote a letter urging Trump not to withdraw.

Massachusetts Attorney General Maura Healey urged residents to contact the White House and Republican leaders to say it would be a mistake for the United States to withdraw from the agreement.

USA allies rallied behind the Paris accord on Wednesday.

In a jibe at the USA administration, Juncker told the audience at an event of the Confederation of German Employers in Berlin that "not everything that is written in global agreements is fake news". "Mr. Trump believes that because he doesn't know the details".

"China and the European Union... will implement the agreement", a senior European Union official told reporters on Wednesday, on condition of anonymity. But Trump campaigned on a promise to nix the deal, saying it would mean stricter environmental policies that would hobble the economy and cost jobs. For him, a withdrawal might be a way of making good on his pledge to put "America First", ahead of worldwide obligations negotiated by his predecessors.

However, the decision was delayed till the G7 meeting in Sicily, Italy.

The Republican vowed at the time to "cancel" the Paris deal within 100 days of becoming president on January 20, part of an effort to bolster US oil and coal industries.

In addition to the Paris Agreement, Trump has rattled allies by criticizing trade agreements and military alliances.

"Withdrawing from the Paris climate agreement will be a massive economic, security, and moral failure for President Trump", he said in a statement.

Australia was one of those - in fact, just a couple of days after Trump was elected, our Prime Minister, Foreign Minister, and environment and energy minister fronted the media to announce the ratification.

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