Trump pulling US out of Paris climate deal - Axios report

Renewable energy expected to continue growth despite Trump

Renewable energy expected to continue growth despite Trump

A broad range of outsiders have lobbied Trump to remain part of the global pact, from former vice president Al Gore to Pope Francis.

During Trump's overseas trip last week, European leaders pressed him to keep the U.S.in the landmark agreement. Trump has refused to sit down with environmentalists about the accord. "The president ran on growing our economy".

Polluting industries such as oil and coal are highly automated and are unlikely to embark on a major hiring spree even if the United States dropped out of the Paris agreement, experts say. A study a year ago in the journal Nature Climate Change said America will probably only reach four-fifths of that goal.

Trump on Wednesday declared that abandoning the Paris climate agreement would be a victory for the American economy. The White House didn't immediately respond to a request for comment.

Cloud Peak Energy Inc CLD.N had also urged the Trump administration to stay in the Paris deal to prevent other nations from an aggressive turn against the global coal industry.

Republican Sen. Chuck Grassley said the climate accord wasn't a good deal for America.

University of Oklahoma meteorology professor Jason Furtado said blowing past the 2-degree mark would be a potential "tipping point" that would lead to "a new and irreversible state in the climate system".

Others cheered the notion that Trump might soon kill the climate agreement that had been an Obama legacy item.

Still, fracking, or hydraulic fracturing - a principal means of natural gas extraction - also faces stiff criticism for its environmental impacts.

"Withdrawing from the Paris agreement is hardly going to create jobs in the US", says Cary Coglianese, professor at the University of Pennsylvania and editor of the book "Does Regulation Kill Jobs?"

"The EU and China consider the Paris Agreement as an historic achievement further accelerating the irreversible global low greenhouse gas emission and climate resilient development", the statement says.

The European Union and China indicated they would press ahead with the deal, regardless of United States participation.

In a jibe at the US 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". Juncker says, "This notion, 'I am Trump, I am American, America first and I am getting out, ' that is not going to happen". We tried to explain that to Mr. Trump in Taormina in clear German sentences.

California can help China as it looks to build a national carbon market this year, a priority for President Xi Jinping, said Susan Shirk, chairwoman of the 21st Century China Center at the University of California, San Diego. Taormina is the Sicilian resort town where the Group of Seven leaders met last week.

Supporters of the climate pact are concerned that a USA exit could lead other nations to weaken their commitments or also withdraw, softening an accord that scientists have said is critical to avoiding the worst impacts of climate change.

Agribusiness giant Monsanto told AFP it was "committed" to helping "farmers adapt to and mitigate climate change".

The EU official involved in organizing the EU-China meeting said it would will "send important signals for the multinational system", as Trump moves to unpick some of the worldwide trade agreements the US has signed up to.

The only other two countries in the United Nations that did not support the deal are Nicaragua and Syria.

A downward revision would certainly prompt criticism from the global community, but not almost so much as an abandonment. The companies said it would reduce competitive imbalances for US companies, expand the market for innovative clean technology and reduce business risks posed by future negative climate impacts. Rather, every nation under the agreement pledges to do the best it can, and to participate in a process in which nations will regularly increase their ambitions over time. Like his boss, the EPA head has questioned the consensus of climate scientists that the Earth is warming and that man-made emissions are to blame. Here's what you need to know.

Recommended News

  • Shahrukh Khan narrowly escapes accident

    Shahrukh Khan narrowly escapes accident

    Khan is reportedly playing the role of a dwarf in the yet-untitled film, which also stars Anushka Sharma . However, King Khan showed a kind gesture and admitted the photographer to the hospital.
    Mayor Walsh: Boston 'Will Not Back Down' Regarding Climate Change

    Mayor Walsh: Boston 'Will Not Back Down' Regarding Climate Change

    Under Obama, the United States had pledged to reduce greenhouse gas emissions by 26-28 percent below 2005 levels by 2025. He was to meet later Wednesday with Secretary of State Rex Tillerson , who has favored remaining in the agreement.
    National Basketball Association  teams LeBron James would want to own

    National Basketball Association teams LeBron James would want to own

    Later in the day, James, speaking at Oracle Arena the day before Game 1 of the NBA Finals , addressed the incident. For example, the 2015-16 Warriors had a season point differential of plus-10.8 and a net rating of 11.8.
  • As Trump grapples with crisis, communications aide steps down

    Trump has privately pinned some of the blame for his administration's rough start on the White House's communications strategy. In a statement, White House chief of staff Reince Priebus thanked Dubke for his service.
    Paul Allen's Ginormous Stratolaunch Rocket Carrier Plane Rolls Out for 1st Time

    Paul Allen's Ginormous Stratolaunch Rocket Carrier Plane Rolls Out for 1st Time

    The craft weighs in at 500,000 pounds (nearly 227,000 kilograms) and is created to carry payloads of another 550,000 lbs. The aircraft is 238 feet from nose to end, and it is 50 feet from the ground to the tip of its vertical tail.
    Warriors trash Spurs in Game Two blowout

    Warriors trash Spurs in Game Two blowout

    Trailing by 25 in the first quarter, the Warriors went on an 18-0 run after Leonard's exit to get back in the game. Leonard was asked what input he would have on whether he would play Saturday despite being injured.
  • Senate Bill 240 paves the way for legal esports betting in Nevada

    Senate Bill 240 paves the way for legal esports betting in Nevada

    Moreover, MLG Vegas and theBattle on the Strip also serve as great examples of how ideal the city is for hosting esports events. With its popularity, we can expect no shortage of enthusiastic fans to attend these great events.
    Trudeau addresses Merkel Trump rift, says Canada committed to Europe and US

    Trudeau addresses Merkel Trump rift, says Canada committed to Europe and US

    And while German politicians sided with Merkel, Foreign Minister Sigmar Gabriel signaled that it was time for cooler heads to prevail.

    In standing up to Trump, Europe gets its mojo back

    German Chancellor Angela Merkel , a trans-Atlanticist who managed to get on well with former President George W. Trump believes that European powers owe much to the USA , particularly in the areas of defense and trade.
  • Ariana Grande holds Manchester concert on June 4

    We will continue to honour the ones we lost, their loved ones, my fans and all affected by this tragedy. The show will also be available to listen to on both BBC radio and the Capital Radio network.
    Bowlers hold key in Champions Trophy: VVS Laxman

    Bowlers hold key in Champions Trophy: VVS Laxman

    "We have, however, no say on multilateral events ( ICC tournaments )", Goel told reporters. The meeting, however, failed to bring any outcome.
    New Trump attack on Germany widens transatlantic rift

    New Trump attack on Germany widens transatlantic rift

    Modi said a comprehensive review of bilateral relations was undertaken during the talks with Merkel. - Resume EU trade talks? He had begun attacking Germany and Merkel during his election campaign past year .

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.