United States notified the United Nations of its formal withdrawal from the Paris Agreement. Paris agreement was signed in year 2015. It was the global agreement for countries to cut emissions and reverse global warming.

After the US withdrawal the fate of Paris agreement is uncertain. President Donald Trump had said in 2017 that he was taking the U.S. — the world’s second largest CO2 emitter — out of the deal.

However, the Paris agreement required the nations to serve 2 years notice before withdrawal. Moreover, the withdrawal will take a year — until just after the 2020 U.S. Presidential elections.

Why did US withdrew from the agreement?

“President Trump made the decision to withdraw from the Paris Agreement because of the unfair economic burden imposed on American workers, businesses, and taxpayers by U.S. pledges made under the Agreement,” U.S. Secretary of State Mike Pompeo said.

The climate pledges require US to reduce emissions and thus, move towards non-carbon fuel. This will increase the cost of American businesses and make them uncompetitive.

President Trump has, in the past, called climate change a hoax created by China and his administration has reversed several Obama-era climate policies — including, now, the decision to be a part of the Paris Agreement.

What was US pledge under Paris Agreement?

The U.S. would have to, by 2025, cut its emissions to 26%-28% below the 2005 levels as part of its contribution to the Paris goal of keeping global temperature increases in this century to within 2 degrees Celsius relative to pre-industrial temperature averages.

Source: The Hindu

Relevant for GS Prelims & Mains Paper III; Environment