President Trump Pulling the US Out of the Paris Climate Accord

President Trump Pulling the US Out of the Paris Climate Accord

President Trump Pulling the US Out of the Paris Climate Accord

President Trump has made his decision to withdraw from the Paris climate accord, according to 2 sources with direct knowledge of the decision.

Details on how the withdrawal will be executed are being worked out by a Team including EPA Administrator Scott Pruitt.

They are deciding on whether to initiate a full, formal withdrawal, which could take 3 years, or exit the underlying United Nations climate change treaty, which would be faster but more extreme.

Why this matters: Pulling out of Paris is the biggest thing President Trump can do to unravel Mr. Hussein Obama’s climate legacy. It sends a combative signal to the rest of the world that America does not prioritize climate change and threatens to unravel the ambition of the entire deal.

The other outliers: The other 2 countries that aren’t supporting the deal are Nicaragua and Syria.

How it happened: A letter from 22 Republican Senators including Mitch McConnell (R-KY) that called for a clean exit had reinforced President Trump’s instincts to withdraw, and the President had been telling confidants over the past week that he was going to pull out.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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