Donald Trump 'set to withdraw from climate change deal'

"I will be announcing my decision on Paris Accord, Thursday at 3:00 P.M. The White House Rose Garden".

Earlier in the day, Trump said only that he'd been "hearing from a lot of people, both ways".

Leaving the deal would fulfill a central campaign pledge, but would anger worldwide allies who spent years in hard negotiations that produced an accord to reduce carbon emissions.

Trump has changed his mind on large decisions before, even after signalling a move in the opposite direction.

"Trump makes U.S. "climate pariah" & 'rogue nation, '" Katrina vanden Heuvel, the editor and publisher of The Nation, a liberal weekly magazine, tweeted. The president has been known to change his thinking on major decisions and tends to seek counsel from both inside and outside advisers, many with differing agendas, until the last minute.

USA coal company shares slumped alongside renewable energy stocks on Wednesday after reports that President Donald Trump plans to pull the United States from a global accord on fighting climate change.

During Trump's overseas trip last week, European leaders pressed him to keep the U.S.in the pact.

Backing out of the agreement that way would take time, but would make it easier for the United States to return to climate change negotiations if a future administration would want to, says Andrew Light, a senior fellow at the World Resources Institute and a professor at George Mason University.

Hundreds of high-profile businesses have spoken out in favor of the deal, including Apple, Google and Walmart. Another said it's not a done deal. If the president follows through on his decision, the USA would join Nicaragua and Syria as the only holdouts of the accord.

In fact, it was hard to find many on Wednesday supporting the United States' possible withdrawal, aside from discredited sites like Infowars and Trump's army of anonymous online followers.

Michael Brune says future generations will look with "stunned dismay at how a world leader could be so divorced from reality and morality". "This notion, 'I am Trump, I am American, America first and I am getting out, ' that is not going to happen".

Asked what he'll do if Trump decides to leave, the chief executive said he "will have no choice but to depart councils".

That fight has played out within Trump's administration.

Olof Skoog, whose country is serving a two-year term on the U.N. Security Council, told reporters Wednesday that a US pullout would also "fly in the fact of pleas from very friendly European nations".

"China and the European Union. will implement the agreement", a senior European Union official told reporters on Wednesday, speaking on condition of anonymity. Like the other officials, that person was not authorized to describe the private discussions by name and spoke only on condition of anonymity.

Established in 1992, the UNFCCC treaty was the foundation of the Paris Agreement that had been initiated by the Obama administration. Backers of the Paris standards for greenhouse-gas emissions believe that if Trump pulls his support for the promised reductions, it will unravel other countries' commitments to the groundbreaking pact. In 2001, George W. Bush backed out of the Kyoto Protocol - which also set emissions targets - following the presidency of Bill Clinton.

Under the deal, the Obama administration pledged to cut domestic greenhouse-gas emissions 26 to 28 percent below 2005 levels by 2025 as well as to commit up to $3billion in aid for poorer countries by 2020.

Some legal scholars have said Trump's real opportunity to hamper collective action on climate change isn't the Paris accord, but withdrawal from the 1992 United Nations Framework Convention on Climate Change. The organization's main Twitter page quoted Secretary-General Antonio Guterres as saying, "Climate change is undeniable".

Trump has been agitating against the Paris deal since it was signed by his predecessor in December 2015, arguing that taking firm action on climate change would hurt American jobs.

"Climate change is not a fairy tale".

Johan Rockstrom, director of the Stockholm Resilience Centre, said a USA presence in the Paris negotiations until 2020 would be "the most negative thing. they would still be allowed to vote in the room". Those pledges added up to preventing 117 billion tons of carbon dioxide from being put into the air by 2030, analysts calculate. Like his boss, Pruitt has questioned climate scientists who claim the Earth is warming and that man-made climate emissions are to blame.

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