Here's how leaving the Paris Climate Agreement would affect the US

Claudine Rigal
Juin 1, 2017

President Trump says he'll have an announcement soon, on whether the USA will depart the Paris Climate Accord.

"I'm hearing from a lot of people both ways", Trump told reporters as he welcomed Vietnamese Prime Minister Nguyen Xuan Phuc to the White House.

"Withdrawing from the Paris climate agreement would turn America from a global climate leader into a global climate deadbeat".

Whatever the outcome, Trump is expected to deliver a decision on the Paris Agreement this week.

The Trump administration could withdraw from the entire United Nations Framework Convention on Climate Change, an worldwide treaty ratified by the US Senate and signed by President George H.W. Bush in the 1990s.

US carbon emissions have declined to near 30-year lows, a trend driven by increased natural gas use replacing coal.

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".

The United States is the world's second-biggest carbon dioxide emitter behind China.

President Trump has pledged to revive the US coal industry and put coal miners back to work.

Democratic U.S. lawmakers said withdrawal would undermine U.S. credibility and its position as a global leader, empowering nations like China to not only drive the climate agenda and set worldwide standards but also reap the economic benefits of a growing clean energy sector.

Broadly, two views have emerged on what the future holds for USA climate action if it withdraws from the 2015 Paris deal.

The Democrat said Wednesday that plans for an worldwide climate summit in Boston planned for later this year have stalled because of lack of support from the Trump administration.

Let me put this into perspective for you: President Trump wants to pull out of this agreement, but even insane dictators testing ballistic missiles and threatening to kill us - North Korea, anyone?

"There's a huge market that somebody's going to own and we're giving it up", Clinton said.

US coal company shares dipped alongside renewable energy stocks on Wednesday.

Already, the United States employs more people in solar energy (nearly 374,000) than in coal (a little over 160,000), according to the U.S. Department of Energy.

Carbon dioxide stays in the air for 100 years, and about one-fifth of what has accumulated in the atmosphere came from the USA, more than any other country.

Peabody Energy, the largest publicly traded USA coal company dropped 2.2 percent to $24.29 a share, while Arch Coal fell 0.4 percent to $70.77. The UNFCCC is the body that created both the failed Kyoto Protocol and the Paris Agreement.

"We believe climate change is real and the science is well accepted", GE's chief executive, Jeffrey Immelt, wrote to employees in a blog post in March.

Dirk Forrister, president and CEO of the nonprofit International Emissions Trading Organization, noted that some foreign officials have raised the prospect of imposing a "carbon tariff" on USA products, but said that is uncharted territory and would have serious consequences.

(Spicer) "He's consulted with foreign leaders, but he's also talked with industry leaders".

Senior adviser Steve Bannon, who wants Trump to focus on actions that will rev up his conservative political base, has long opposed the Paris accord.

The U.S. has cut its emissions on average about 1 percent per year since 2010, but even the Obama administration acknowledged it would likely fall short of its 2025 target without additional action. She worked to ensure her father heard pro-Paris viewpoints, including from former Vice President Al Gore.

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