Trump`s exit from the Paris accord will have an impact on other countries by cutting financial assistance to the Green Climate Fund.  The end of US funding of $3 billion will have a final impact on climate change research and will reduce society`s chances of meeting the Paris Agreement goals and omit U.S. contributions to future IPCC reports.   Trump`s decision will also affect CO2 emission space and carbon prices.  The withdrawal of the United States will also mean that the place where the global climate regime can be adopted will be accessible to China and the EU.  We are among the richest energy reserves in the world, enough to lift America`s poorest working people out of poverty. But as part of this agreement, we are effectively locking up these reserves and taking the great wealth of our nation – it is a great wealth, it is a phenomenal wealth. Not so long ago, we had no idea that we had such wealth and that we were leaving millions and millions of families trapped in poverty and unemployment. In short, the agreement does not eliminate coal jobs, it only transfers those jobs from the United States and the United States and ships them overseas.
This agreement is not so much about climate as it is about other countries gaining a financial advantage over the United States. The rest of the world applauded when we signed the Paris Agreement — they went wild; they were so happy – for the simple reason that it put our country, the United States of America, which we all love, in a very, very great economic disadvantage. A cynic would say that the obvious reason for the economic competitors and their desire to stay in the agreement is that we continue to suffer this great self-inflicted economic injury. It would be very difficult to compete with other countries in other parts of the world. On June 1, 2017, U.S. President Donald Trump announced that the United States would end all participation in the 2015 Paris Climate Change Agreement and begin negotiations to reintroduce the agreement “on a level playing field for the United States, its businesses, its workers, their people, its taxpayers” or form a new agreement.  In withdrawing from the agreement, Trump said that “the Paris agreement will hurt the U.S. economy” and “permanently penalize the United States.”   Trump stated that the withdrawal would be consistent with his America First policy.
The Paris Agreement has been essential for many corporate promises, including Amazon and Cargill. The historically right-wing group of the U.S. Chamber of Commerce opposes the president`s decision to withdraw from the agreement. While the current agreement effectively blocks the development of clean coal in America, what it does, and the mines begin to open up. We have a big opening in two weeks. Pennsylvania, Ohio, West Virginia, so many places. A grand opening of a brand new mine. It`s outrageous. This has not happened for many years. They asked me if I was going to leave. I will try.
Whoever wins the U.S. presidential election, the United States officially withdraws from the Paris climate agreement on November 4. This measure is a blow to international efforts to stop global warming. “The ue-Green agreement and the commitments of China, Japan and South Korea on CO2 emissions neutrality indicate the inevitability of our collective transition from fossil fuels,” said Laurence Tubiana, one of the architects of the Paris Agreement and now executive director of the European Climate Foundation.
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