„The decision to leave the Paris agreement was wrong when it was announced, and it`s still wrong today,“ said Helen Mountford of the World Resources Institute. The authors of the agreement have set a withdrawal period that President Trump must follow – which prevents him from irreparably harming our climate. No country was able to denounce the withdrawal of the agreement before the expiry of a three-year period from the date of ratification. The agreement recognizes the role of non-partisan stakeholders in the fight against climate change, including cities, other sub-national authorities, civil society, the private sector and others. InDCs become CNDs – nationally determined contributions – as soon as a country formally adheres to the agreement. There are no specific requirements as to how or how many countries should reduce emissions, but there were political expectations about the nature and rigour of the targets set by different countries. As a result, the scale and ambition of national plans vary widely, largely reflecting each country`s capacity, level of development and contribution to emissions over time. China, for example, has committed to cleaning up its CO2 emissions by 2030 at the latest and reducing CO2 emissions per unit of gross domestic product (GDP) by 60-65% by 2030 from 2005 levels. India has set a target of reducing emissions intensity by 33-35% from 2005 levels by 2030 and producing 40% of its electricity from non-fossil fuels. „I`m not sure what Paris is really doing,“ said Katie Tubb, senior policy analyst at the Heritage Foundation, a conservative American think tank. Compliance with the terms of the Paris agreement and the energy restrictions it has imposed on the United States could cost America up to 2.7 million jobs by 2025, according to the National Economic Research Associates. That includes 440,000 fewer jobs in manufacturing – not what we need – believe me, that`s not what we need, including auto employment and the continued decimating of vital American industries, on which countless communities depend. They count for so many things, and we would give them so little.
The Chairman: Thank you very much. (Applause) Thank you very much. First of all, I would like to talk about the terrorist attack in Manila. We are monitoring the situation closely and I will continue to provide updates if anything happens during that time. But it`s really very sad what`s going on with terror all over the world. Our thoughts and prayers are with everyone involved. Before I talk about the Paris Agreement, I would like to start by updating our enormous economic progress – absolutely enormous – since the day of the elections on 8 November. The economy is starting to come back, and very, very quickly. We have added $3.3 trillion in market value and more than $1 million in private sector jobs to our economy. As president, I cannot look at the well-being of American citizens any other way. The Paris climate agreement is simply the latest example of the Washington agreement that disadvantages the United States for the exclusive good of other countries and leaves American workers – whom I love – and taxpayers to absorb costs in the form of lost jobs, lower wages, closed factories and very low economic output.
The president`s promise to renegotiate the international climate agreement has always been a smokescreen, the oil industry has a red phone at the Home Office, and will Trump bring food trucks to Old Faithful? The Paris Agreement is the first legally binding universal global agreement on climate change adopted at the Paris Climate Change Conference (COP21) in December 2015. Others say the U.S. withdrawal is due in part to the Obama administration`s inability to have the U.S. Senate ratify the Paris agreement. They say states and cities will help reduce U.S. emissions by 19 percent from 2025 compared to 2005 – that`s not enough to keep up with the U.S. promise under Paris, but it keeps those goals „at hand.“