US Withdraws From Paris Climate Deal
Washington, D.C.:A�The US President Donald Trump on Thursday announced that the United States would withdraw from the Paris climate agreement.
Trump said that the US would begin negotiations to re-enter either the Paris agreement or an entirely new transaction when the terms are fair to the United States.
a�?I will work to ensure that America remains the world leader on environmental issues, but under a framework that is fair and with the burdens and responsibilities equally shared among the many nations all around the world,a�? Trump said.
The Paris deal is complied by 194 countries, and the United States with its withdrawal joins the countries like Syria and Nicaragua.
The United States has been leading in the efforts against climate change in the world, and former President Barrack Obama was a proponent of pollution reduction.
Compliance to the Paris accord could cost 2.7 million lost jobs by 2025, according to the National Economic Research Associates, and this includes 440,000 manufacturing jobs, Trump said. The compliance would further lead to decimation of the vital American industries on which countless communities rely, he said.
Obama in his statement made earlier to the announcement said the nations that remained in the Paris Agreement would be the nations that reap the benefits in jobs and industries created.
a�?I believe the United States should be in the front of the pack,a�? he said.
This development is a big blow to the environmentalists who are concerned about the climate change. Americaa��s withdrawal from the Paris deal is going to affect negatively the efforts against global warming and climate change, especially when the rest of theA�world is looking toward America for itsA�leadership on this issue.
Trump described the Paris deal as a self-inflicted major economic wound. The agreement doesna��t eliminate coal jobs, but transfers out from the United States and ships them to foreign countries, he said.
The Paris agreement hamstrings America, while empowering some of the worlda��s top polluting countries, he said.