Tech world blasts withdrawal from Paris agreement

Tesla Inc Chief Executive Officer Elon Musk and Walt Disney Co CEO Robert Iger said they would leave White House advisory councils over Trump's decision. "There's no enforcement agency".

"But even in the absence of American leadership; even as this Administration joins a small handful of nations that reject the future; 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".

Bob Hren, chair of the Nevada County Republican Party, said the decision to withdraw was a wise economic choice. Brown vigorously opposes the withdrawal and has been working with states and provinces around the world to set voluntary agreements to address global warming. The U.S., Syria, and Nicaragua are now the only countries not signed on to the accord. But he was also breaking from many of America's staunchest allies, who have expressed alarm about the decision.

Trump promoted his announcement Wednesday night on Twitter, after a day in which USA allies around the world sounded alarms about the likely consequences of a US withdrawal.

Former President Barack Obama promised to cut greenhouse gasses 26 to 28 percent below 2005 levels by 2025 and commit $3 billion in aid to poorer countries.

"They found a number that made the point they want to make", Jacoby said.

Indeed, Trump's supporters cheered the decision, which marked the fulfillment both of his campaign promise to scrap the climate accord and his broader pledge to put American interests above all else.

Trump hoped to make the United States more competitive economically against other countries by slashing carbon consumption taxes and penalties, but this was likely to be neutralized by other major nations going in the same direction, Freeman suggested.

Scientists say Earth is likely to reach more risky levels of warming sooner if the US retreats from its pledge because America contributes so much to rising temperatures.

Canete also predicted that the European Union would seek new alliances from the world's largest economies to the most vulnerable island states, as well as US businesses and individuals supportive of the accord. Beijing, however, has reaffirmed its commitment to meeting its targets under the Paris accord, recently canceling construction of about 100 coal-fired power plants and investing billions in massive wind and solar projects. "A big opening of a brand new mine, it's unheard of".

According to Trump, if the US were to uphold the agreements it made in Paris, the result would be "lost jobs, lower wages, shuttered factories, and vastly diminished economic production". "Our future on this planet is now more at risk than ever before". "It's phenomenal wealth. Not long ago we had no idea we had such wealth".

But the Paris accord, he said, makes that wealth inaccessible.

If isolationist policies, including pulling out of the Paris Agreement and weakening the Western alliance, lead to a global trade war and thence to an economic depression, the shutdown of significant chunks of the economy could lead to a larger reduction in greenhouse gas emissions than any careful, deliberate decarbonization policy.

(Indeed, under the terms of the Paris Agreement, the departure will not take effect until November 4, 2020 - a day after the next presidential election.) Nonetheless, U.S. industry may suffer and the U.S. reputation as a reliable diplomatic partner certainly will.

  • Zachary Reyes