On January 20, 2025, US President Trump held a letter to the United Nations during the inaugural parade at Capital One Arena in Washington, DC, stating that the United States was withdrawing from the Paris Agreement.
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U.S. President Trump’s ensure quit Landmark Paris climate agreement The top U.N. climate official said this second time has created a leadership vacuum that other countries could benefit from.
Trump signed an executive order on Monday to withdraw the United States from the world’s largest coordinated effort to combat rising temperatures. He also declared a “national energy emergency” to roll back many Biden-era environmental regulations and vowed to boost fossil fuel production.
Order to withdraw from Paris climate agreement generally expected,follow The first Trump administration took similar steps in 2017 and dealt a major blow to global efforts to protect the environment.
The 2015 Paris Agreement is a framework that aims to reduce greenhouse gas emissions and limit global warming to “well below 2 degrees Celsius, and ideally 1.5 degrees Celsius, compared with pre-industrial levels” in the long term.
“We’ve been in this before,” UN climate change executive secretary Simon Steel said during a panel discussion hosted by CNBC at the World Economic Forum on Tuesday.
Steele said a key difference between Trump’s 2017 decision to withdraw from the Paris Agreement and Monday’s executive order is that the crackdown global warming during the eight years in between.
“The world is going through an unstoppable energy transition,” Steele said. “Last year alone, investment in this transition exceeded $2 trillion, compared with $1 trillion in fossil fuels, so the signal is absolutely clear.
“Anyone who steps back from this important forward momentum creates a vacuum that others will fill and benefit from. So I think within 14 hours of this statement we will find ourselves in this position. kind of framed background,” he added.
Seagulls fly in front of the Este Offshore oil and gas platform on January 5, 2025 in Seal Beach, California.
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climate scientist condemn Trump ordered the United States to be removed from the Paris Agreement, noting that the commitment came just weeks after U.S. and global scientific agencies confirmed that the earth is experiencing severe climate change. 2024 is the hottest year on record.
Trump calls climate crisis ‘One of the biggest scams,” said on Monday that he intends to increase oil and gas production during his second four-year term.
“We’re going to drill, baby, drill,” Trump said in his inaugural address, promising a new era of U.S. oil and gas exploration.
“It’s time to talk less about it”
European insurance giants play down the immediate impact of Trump’s climate policy rollback.
Chief executive Oliver Bate said: “It’s difficult but this gentleman has done it before and the world knows it has to improve itself.” Allianztold CNBC’s “european scream box“Tuesday in Davos.
“We’ve reached the limits of our planet and everyone knows it. Maybe it’s time to talk less and do more. At least that’s what our industry is trying to do,” he added.
zurich insurance Chief Executive Mario Greco dismissed the idea that Trump’s push to withdraw from the Paris climate agreement constituted a major political incident.
“I think we have to admit that the Paris Agreement has not achieved any of its intended plans, ambitions and goals,” Greco said on Tuesday.
“It’s true that we’re looking at other ways to achieve much-needed cooling. I mean technology needs to help. Without technology, we’re not going to make the planet any colder than it is now or in the future.” So no, I don’t think it’s a big deal. ,” he added.
