Trump to announce decision on Paris climate pact Thursday

Posted June 02, 2017

The EU and China are prepared to fully commit to the climate change accord, Chinese officials have confirmed.

A December 2016 study released in Nature Climate Change journal said a USA delay could make the Paris Agreement targets "unreachable".

"We are going to be discussing trade", Mr Trump, sitting alongside Mr Phuc in the White House, said.

In signing onto the accord, countries pledged to reduce greenhouse gas emissions, but were given wide leeway in how much they planned to reduce them by.

If President Donald Trump decides to officially withdraw the US from the Paris Agreement on climate as expected this week, reaction from key officials in New Mexico will range from disgust to relief to indifference.

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Ahead of President Donald Trump's announcement on whether the US will pull out of the Paris climate deal, European Commission President Jean-Claude Juncker warned that leaving the agreement would be a slow process, taking up to three or four years.

A withdrawal would put the United States in league with Syria and Nicaragua as the world's only non-participants in the Paris agreement.

Leaders from industry behemoths Apple, Google, Walmart, ExxonMobil, BP and Shell also have voiced concern that Trump appears poised to withdraw from the Paris pact.

Polluting industries such as oil and coal are highly automated and are unlikely to embark on a major hiring spree even if the United States dropped out of the Paris agreement, experts say.

If the USA does decide to pull out of the agreement, it appears that China and India will be the world leaders to fill the void. Several of his top aides have opposed the action, too, as has his daughter and adviser, Ivanka Trump. "It looks like that attempt failed", Juncker said. During the presidential campaign race, Trump vowed to "cancel" the agreement signed by 195 countries. Environmental Protection Agency head Scott Pruitt and White House strategist Steve Bannon want Trump to withdraw.

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"It is disappointing that President Trump does not see the opportunity for economic growth which clean energy presents - emerging economies such as China and India are discovering how renewable energy can be a catalyst for a booming economy, creating green jobs and flourishing businesses, while reducing carbon emissions". Like the other officials, that person was not authorized to describe the private discussions by name and spoke only on condition of anonymity.

UN Secretary General Antonio Guterres has weighed in, arguing on Tuesday that the United States should not leave the Paris Agreement. It was the first legally binding global climate deal.

The emissions goals are voluntary with no real consequences for countries that fail to meet them. That means the US could stay in the accord and choose not to hit its goals or stay in the pact but adjust its targets for reducing greenhouse gas emissions.

Twenty-five of the world's biggest corporations have made a last-minute pitch to President Donald Trump urging him not to reconsider plans to withdraw the United States from a landmark global agreement on climate change.

News of President Trump's expected decision drew swift reaction from the United Nations.

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"If one country decides to leave a void, I can guarantee someone else will occupy it", United Nations Secretary Antonio Gutierres reportedly said in a speech in NY on Tuesday.