President Trump Set To Announce Decision On Paris Accord Today

U.S. President Trump plans to announce his decision on the Paris Accord on Thursday at 3:00 p.m. from the White House which comes after multiple media sources reported on Wednesday that the president is expected to pull away from the historic climate change accord that 195 countries have already agreed to adopt.

President Trump tweeted his upcoming plan to announce his decision late on Wednesday through his Twitter account.

“I will be announcing my decision on Paris Accord, Thursday at 3:00 P.M. The White House Rose Garden. MAKE AMERICA GREAT AGAIN!” Trump tweeted.

Former U.S. President Barack Obama played a leading role in 2015 negotiating the Paris Agreement which is an agreement within the United Nations Framework Convention On Climate Change (UNFCCC) aimed at creating action plans intended to mitigate greenhouse emissions and hold the increase in global temperature to well below 2 degree Celsius above pre-industrial levels and to pursue efforts to limit the increase to 1.5 degrees Celsius above pre-industrial levels.

NASA claims the earth has already heated up 1 degrees Celsius over the past century and reports on their website that 97 percent or more of actively published climate scientists agree that climate warming trends over the past century are “extremely likely” due to human activities.

According to the UN, the Paris Agreement requires all countries involved in the agreement to put forward their best efforts through “nationally determined contributions” (NDCs) and to strengthen these efforts in the years ahead.

The level of NDC’ set by each country will establish the targets, although the contributions are non-binding pertaining to international law and aren’t enforceable if the targets aren’t met.

Former President Obama pledged to have the United States to reduce emissions to 26 to 28 percent below its 2005 level by 2025, although Senate approval is first needed.

The United States is the 2nd largest emitter of greenhouse gasses behind China and accounts for approximately 15 percent of global greenhouse gasses.

The burning of coal, natural gas, and oil for electricity and heat represents the largest single source of global greenhouse gas emissions, according to the EPA.

EPA Administrator Scott Pruitt, who previously denied on CNBC that CO2 is the primary contributor of global warming, said on Fox News Sunday on April 2nd that CO2 “contributes to greenhouse gas.”

Pruitt later described the Paris Accord as a “bad deal for this country.”

“We frontloaded our costs. China and India backloaded theirs. That caused a contraction in our economy” Pruitt said on Fox News Sunday.

China and India aren’t required to take any targeted steps toward reduction of CO2 until the year 2030 while the U.S. has made earlier pledges to reduce greenhouse gasses by 2025.

Twenty-five major U.S. corporations including Apple, Adobe, Facebook, Gap, Google, Levi Strauss & Co, Microsoft, Morgan Stanley, Salesforce, and Schneider Electric have co-written a letter to President Trump urging him to keep the U.S. in the Paris Agreement on climate change.

Elon Musk, CEO of Tesla Motors and Space X, threatened to leave President Trump’s advisory council on Wednesday if President Trump pulls the U.S. out of the Paris Accord.

The Sierra Club acknowledged on their website that it was widely reported on Wednesday that President Trump intends to withdraw the U.S. from the Paris Accord.

Sierra Club Executive Director Michael Brune issued a statement in response stating, “Trump has made a historic mistake which our grandchildren will look back on with stunned dismay at how a world leader could be so divorced from reality and morality.”

Brune cited a Yale poll on Climate Change Communication that showed a majority of Americans in every state said the U.S. should participate in the Paris Accord.

In a nationally representative survey taken after the election, 7 in 10 registered voters or 69 percent said the U.S. should participate in the Paris Accord, compared with only 13 percent who say the U.S. should not.

If the U.S. withdraws from the Paris Accord it will join Syria and Nicaragua as the only countries that are unwilling to participate in the climate change agreement.

Written and Edited By:

John Schweitzer

@SchweitzFinance

schweitz31@gmail.com

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