• Global geo-political series: U.S. state department issues formal notice to withdraw from pca

    Source: FxWire Pro - Commentary / 07 Aug 2017 03:35:38   Eastern Standard Time

    Late last week, the US State Department announced that it has sent the formal notification to the United Nation of the United States’ intention to withdraw from the Paris Climate Accord. The decision was taken by President Trump back in June when he announced the intention to withdraw at a press conference held at the White House rose garden. However, at the time of withdrawal, he announced that his administration remains open to renegotiation and join again if the terms are more favorable to the United States, its business, workers, and tax payers.

    Here is the full statement from the State Department,

    “Today, the United States submitted a communication to the United Nations, in its capacity as depositary for the Paris Agreement, regarding the U.S. intent to withdraw from the Paris Agreement as soon as it is eligible to do so, consistent with the terms of the Agreement. As the President indicated in his June 1 announcement and subsequently, he is open to re-engaging in the Paris Agreement if the United States can identify terms that are more favorable to it, its businesses, its workers, its people, and its taxpayers.

    The United States supports a balanced approach to climate policy that lowers emissions while promoting economic growth and ensuring energy security. We will continue to reduce our greenhouse gas emissions through innovation and technology breakthroughs and work with other countries to help them access and use fossil fuels more cleanly and efficiently and deploy renewable and other clean energy sources, given the importance of energy access and security in many nationally determined contributions.

    The United States will continue to participate in international climate change negotiations and meetings, including the 23rd Conference of the Parties (COP-23) of the UN Framework Convention on Climate Change, to protect U.S. interests and ensure all future policy options remain open to the administration. Such participation will include ongoing negotiations related to guidance for implementing the Paris Agreement.

    For further information, please contact Yoon Nam in the Bureau of Oceans and International Environmental and Scientific Affairs (OES) at namys@state.gov.”

    America’s European partners, especially Germany and France have vocally opposed the decision as a departure from the US might lead to the departure of other countries, especially the emerging economies, who were promised aids in response to steps to tackle climate change.  After the G20 summit in July, Turkey announced that it might shy away from the deal too.