President Donald Trump set to withdraw from Paris accord

"And they won't be", Trump added.

President Donald Trump argued that leaving the Paris climate accord would save jobs at home, yet possible trade wars sparked by his decision could nullify any additional benefit to American workers. But Trump's statement was clear and direct.

Assistant Professor Winston Chow, who is with the National University of Singapore's geography department, said that, in fact, numerous US' major coal companies are also in favour of the Paris agreement because they see hope in carbon capture and storage technology. He says the US should be "at the front of the pack".

"I'm confident that our states, cities, and businesses will step up and do even more to lead the way, and help protect for future generations the one planet we've got".

Trump was also isolated at the G7 summit in Italy and criticized by his peers for failing to support the climate deal.

"Trump is having the US pull out of the Paris Climate Accord", Takei wrote. We're already halfway there, with even more warming already baked in due to a time lag in the full impact of greenhouse gases on the atmosphere.

Under former President Barack Obama, the US had agreed to reduce emissions to 26 percent to 28 percent of 2005 levels by 2025 - about 1.6 billion tons.

And the corporate world has mostly come out in favor of the United States keeping its seat at the table. "The rest of the world applauded when we signed the Paris Agreement".

The uncertainty over Trump's decision has lent the Paris announcement a reality show-like air, with Thursday's unveiling a finale to a months-long debate that has split members of the President's inner circle and led to deep consternation from global allies.

Trump tweeted on Wednesday morning: "I will be announcing my decision on the Paris Accord over the next few days".

A frustrated German Chancellor Angela Merkel later warned that Europe "must take its fate into its own hands", citing the differences with Washington on climate change as evidence of their divergent paths. Virtually every nation voluntarily committed to steps aimed at curbing global emissions of "greenhouse" gases.

Scientists say Earth is likely to reach more risky levels of warming sooner as a result of the president's decision because America contributes so much to rising temperatures.

Past year was the warmest since records began in the 19th century, as global average temperatures continued a rise dating back decades that scientists attribute to greenhouse gases.

(Upon hearing that Trump had made a decision to withdraw from the agreements, Musk tweeted that he was quitting the president's advisory councils.) Trump's daughter Ivanka Trump and son-in-law Jared Kushner, as well Secretary of State Rex Tillerson, a former chief executive of ExxonMobil, all suggested that he keep the United States in the deal. USA growth would take a $2.5 trillion hit over 10 years with "factories and plants closing all over our country", Trump said at an April rally in Pennsylvania. Multinational corporations are seeking to mitigate their exposure to climate risks, and if they can not get the needed information from USA -funded research they will go elsewhere to get the most authoritative information. "The president is sending a clear message that we will no longer remain beholden to burdensome worldwide deals at the expense of our taxpayers".

Despite the decision by the USA, the second biggest polluter after China, to pull out of the deal, many analysts suggest the shift to a low carbon economy is now unstoppable.

"There are no indications whether the United States will stay in the Paris Agreement or not", Merkel said.

After a day of rumors about the Republican leader's plans, with some aides reportedly saying a withdrawal was likely and others saying no decision was made, Trump said he was ready to make his stance known.

  • Joanne Flowers