Trump Stays with America First Dumps Eurocentric Climate Change Deal

Trump Stays with America First Dumps Eurocentric Climate Change Deal

Trump Stays with America First Dumps Eurocentric Climate Change Deal

President Donald Trump on Thursday said he will withdraw the United States from the landmark 2015 global agreement to fight climate change, CNN has reported from Washington D.C.

“We’re getting out,” Trump said at a ceremony in the White House Rose Garden in which he decried the Paris accord’s “draconian” financial and economic burdens. He said American withdrawal “represents a reassertion of American sovereignty.”

Trump said the United States would begin negotiations either to re-enter the Paris accord or to have a new agreement “on terms that are fair to the United States, its businesses, its workers, its people, its taxpayers.”

Trump tapped into the “America First” message he used when he was elected president last year, saying, “I was elected to represent the citizens of Pittsburgh, not Paris.”

“We don’t want other leaders and other countries laughing at us any more. And they won’t be,” Trump added.

“In order to fulfill my solemn duty to protect America and its citizens, the United States will withdraw from the Paris climate accord,” Trump said.

The United States was one of 195 nations that agreed to the accord in Paris in December 2015, a deal that former U.S. President Barack Obama was instrumental in brokering.

Obama, in a statement carried by Reuters, expressed regret over Trump’s action.

“The nations that remain in the Paris agreement will be the nations that reap the benefits in jobs and industries created. I believe the United States of America should be at the front of the pack,” Obama said.

“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,” Obama added.

The following two tabs change content below.
S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Latest posts by S. Jack Heffernan Ph.D (see all)

You must be logged in to post comments :  
CONNECT WITH