UPDATE: For more than 2 years President Trump has talked about pulling the US out of the landmark Paris climate agreement. Today, the Trump admin. kick-starts formal withdrawal process.
Someone else, probably the biggest polluter China, will take over leadership in the global fight, said MIT economist Jake Jacoby, who co-founded the MIT Joint Program on the Science and Policy of Global Change.
The agreement set goals of preventing another 0.9 degrees to 1.8 degrees of warming from current levels. Even the pledges made in 2015 weren't enough to prevent those levels of warming. Trump has been promising to pull out of the Paris deal since 2017, often mischaracterizing the terms of the agreement, which are voluntary. In October, he called it a massive wealth transfer from America to other nations and said it was one-sidedFor example, the U.S. goal — set by Barack Obama's administration — had been to reduce carbon dioxide emission in 2025 by 26% to 28% compared to 2005 levels. This translates to about 15% compared to 1990 levels.
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