WHAT IT IS
- June 1, 2017: President Trump announced U.S. withdrawal from the Paris Climate Accord.
- The Paris Climate Accord was signed by 196 countries who vow to cut carbon emissions, work to combat global warming, and raise awareness on climate change.
- Each country in agreement is tasked to set personal commitments and goals to reach these broad global concerns, with no penalties associated.
- President Trump found the agreement to be unfair, stating in his announcement speech that it “disadvantages the United States to the exclusive benefit of other countries.”
WHY IT MATTERS
The U.S. was only 1 of 3 countries to not sign the agreement. With the U.S. out, other countries like China have made political and economic moves to fill the now vacant world leadership role. The accord was the first major international agreement focusing on pollution and climate change, so the U.S.’ departure leaves all eyes on Trump as he makes the next environmental decision for the nation.
WHERE WE ARE NOW
- Hawaii is the first state to sign state law aligning with the Paris accord. Several city governments across the U.S. promise to follow the agreement’s goals despite the withdrawal.
- Fortune 500 companies, including oil and coal companies, are committed to the goals.
- With the U.S. out, other agreement holders such as India and China stepped up to the plate in leading the Paris agreement to its goals.
- Politicians and business administrators have reacted to President Trump’s decision, including CEOs leaving President Trump’s business advisory board.
THINGS TO THINK ABOUT
- Read more on the Paris climate accord here.
- A Gallup poll from March 2017 exhibits the nation’s divided opinion on global warming.
- How much of a priority is investing in climate change?