Zürcher Nachrichten - Trump leaves Paris climate agreement, doubles down on fossil fuels

EUR -
AED 4.025438
AFN 78.95839
ALL 99.102877
AMD 431.181992
ANG 1.961979
AOA 1003.890158
ARS 1184.765148
AUD 1.813586
AWG 1.97271
AZN 1.856256
BAM 1.955265
BBD 2.226591
BDT 133.983331
BGN 1.955265
BHD 0.415686
BIF 3277.602972
BMD 1.09595
BND 1.474297
BOB 7.619915
BRL 6.405394
BSD 1.102698
BTN 94.079252
BWP 15.358797
BYN 3.608812
BYR 21480.621092
BZD 2.215094
CAD 1.559263
CDF 3148.664282
CHF 0.944431
CLF 0.02729
CLP 1047.223391
CNY 7.980215
CNH 7.994938
COP 4582.94572
CRC 557.847326
CUC 1.09595
CUP 29.042676
CVE 110.23483
CZK 25.25683
DJF 196.376255
DKK 7.461443
DOP 69.64094
DZD 146.035033
EGP 55.788032
ERN 16.439251
ETB 145.347321
FJD 2.537011
FKP 0.848847
GBP 0.850992
GEL 3.013517
GGP 0.848847
GHS 17.092322
GIP 0.848847
GMD 78.35965
GNF 9543.388125
GTQ 8.510671
GYD 230.706859
HKD 8.520355
HNL 28.214278
HRK 7.531037
HTG 144.29051
HUF 405.950714
IDR 18351.683683
ILS 4.102536
IMP 0.848847
INR 93.736057
IQD 1444.604634
IRR 46139.49765
ISK 144.852118
JEP 0.848847
JMD 173.912403
JOD 0.776919
JPY 161.153959
KES 142.530992
KGS 95.094267
KHR 4414.791741
KMF 493.720804
KPW 986.355059
KRW 1599.54962
KWD 0.337323
KYD 0.918948
KZT 559.116978
LAK 23885.462925
LBP 98806.258284
LKR 326.960516
LRD 220.549639
LSL 21.028445
LTL 3.236056
LVL 0.662929
LYD 5.33354
MAD 10.502326
MDL 19.485667
MGA 5113.600488
MKD 61.518163
MMK 2300.773709
MNT 3844.693563
MOP 8.828084
MRU 43.977964
MUR 48.956393
MVR 16.875336
MWK 1912.176667
MXN 22.397607
MYR 4.862766
MZN 70.042408
NAD 21.028445
NGN 1679.894639
NIO 40.578894
NOK 11.801629
NPR 150.526803
NZD 1.958628
OMR 0.421635
PAB 1.102798
PEN 4.052091
PGK 4.551754
PHP 62.891089
PKR 309.568976
PLN 4.253336
PYG 8840.580472
QAR 4.0198
RON 4.97777
RSD 117.117947
RUB 92.974554
RWF 1589.165071
SAR 4.110175
SBD 9.114284
SCR 15.726868
SDG 658.111706
SEK 10.951061
SGD 1.474706
SHP 0.861245
SLE 24.932802
SLL 22981.52588
SOS 630.227517
SRD 40.162737
STD 22683.953439
SVC 9.649359
SYP 14249.363507
SZL 21.036243
THB 37.71384
TJS 12.003415
TMT 3.835825
TND 3.376876
TOP 2.566821
TRY 41.607529
TTD 7.469956
TWD 36.360884
TZS 2949.992633
UAH 45.388378
UGX 4030.896807
USD 1.09595
UYU 46.647233
UZS 14248.100519
VES 76.893516
VND 28280.991188
VUV 133.834699
WST 3.068196
XAF 655.777524
XAG 0.037037
XAU 0.000361
XCD 2.96186
XDR 0.815577
XOF 655.777524
XPF 119.331742
YER 269.220375
ZAR 20.960319
ZMK 9864.878247
ZMW 30.573632
ZWL 352.895471
  • RIO

    -3.7600

    54.67

    -6.88%

  • RELX

    -3.2800

    48.16

    -6.81%

  • RBGPF

    69.0200

    69.02

    +100%

  • NGG

    -3.4600

    65.93

    -5.25%

  • CMSC

    0.0300

    22.29

    +0.13%

  • GSK

    -2.4800

    36.53

    -6.79%

  • AZN

    -5.4600

    68.46

    -7.98%

  • SCS

    -0.0600

    10.68

    -0.56%

  • BTI

    -2.0600

    39.86

    -5.17%

  • RYCEF

    -1.5500

    8.25

    -18.79%

  • VOD

    -0.8700

    8.5

    -10.24%

  • BCC

    0.8100

    95.44

    +0.85%

  • BCE

    0.0500

    22.71

    +0.22%

  • JRI

    -0.8600

    11.96

    -7.19%

  • CMSD

    0.1600

    22.83

    +0.7%

  • BP

    -2.9600

    28.38

    -10.43%

Trump leaves Paris climate agreement, doubles down on fossil fuels
Trump leaves Paris climate agreement, doubles down on fossil fuels / Photo: Jim WATSON - AFP

Trump leaves Paris climate agreement, doubles down on fossil fuels

President Donald Trump on Monday announced the United States' withdrawal from the Paris climate accord for a second time, a defiant rejection of global efforts to combat planetary warming as catastrophic weather events intensify worldwide.

Text size:

The Republican leader also declared a "national energy emergency" to expand drilling in the world's top oil and gas producer, said he would scrap vehicle emissions standards that amount to an "electric vehicle mandate," and vowed to halt offshore wind farms, a frequent target of his scorn.

"I'm immediately withdrawing from the unfair, one-sided Paris Climate Accord rip-off," he said to cheering supporters at a Washington sports arena after being sworn in. "The United States will not sabotage our own industries while China pollutes with impunity."

He also signed an order instructing federal agencies to reject international climate finance commitments made under the previous administration, and issued a formal letter to the United Nations notifying it of Washington's intent to leave the agreement.

Under the accord's rules, the United States will formally exit in one year.

Critics warn the move undermines global cooperation on reducing fossil fuel use and could embolden major polluters like China and India to weaken their commitments, while Argentina, under libertarian President Javier Milei has also said it is "re-evaluating" its participation.

"Withdrawing the United States from the Paris Agreement is a travesty," said Rachel Cleetus, of the Union of Concerned Scientists, adding the move "shows an administration cruelly indifferent to the harsh climate change impacts that people in the United States and around the world are experiencing."

- Agreement to endure without US -

The move comes as global average temperatures over the past two years surpassed a critical 1.5 degrees Celsius warming threshold for the first time, underscoring the urgency of climate action.

Trump previously withdrew the United States from the Paris Accord during his first term. Despite this, the agreement -- adopted in 2015 by 195 parties to curb greenhouse gas emissions driving climate change -- appears poised to endure.

"The US withdrawing from the Paris Agreement is unfortunate, but multilateral climate action has proven resilient and is stronger than any single country's politics and policies," said Laurence Tubiana, a key architect of the accord. UN climate chief Simon Stiell added the "door remains open" for Washington.

Trump also on Monday signed a flurry of sweeping energy-related federal orders aimed at undoing former president Joe Biden's climate legacy.

"The inflation crisis was caused by massive overspending and escalating energy prices, and that is why today I will also declare a national energy emergency. We will 'Drill, baby, drill!'" Trump said.

He also attacked "big, ugly windmills" and said he'd take on Biden's Inflation Reduction Act, which channels billions of dollars into clean energy tax credits.

Trump additionally plans to reverse offshore drilling bans enacted by Biden, though such moves are likely to face legal challenges.

Environmentalists note that Biden's climate record is also clouded by the aggressive expansion of fossil fuel leasing under his administration, with US emissions remaining nearly unchanged last year.

- Praise and scorn -

Trump's actions drew praise from energy industry leaders, who view the new administration's policies as a return to "American energy dominance."

"The US oil and natural gas industry stands ready to work with the new administration to deliver the common sense energy solutions Americans voted for," said Mike Sommers, of the American Petroleum Institute.

But they sparked immediate outrage from environmental advocates.

"There is no energy emergency. There is a climate emergency," said Manish Bapna, president of the Natural Resources Defense Council.

"The United States is producing more oil and gas than any country in history," Bapnda said, accusing the Trump administration of "further enriching billionaire oil and gas donors at the people's expense."

Analyses by the Rhodium Group and Carbon Brief predict that Trump's policies will significantly slow the pace of greenhouse gas emissions reductions. Still, experts remain optimistic that emissions will continue trending downward over the long term.

Trump's actions come despite overwhelming scientific consensus linking fossil fuel combustion to rising global temperatures and increasingly severe climate disasters.

Last year, the United States endured a barrage of catastrophic hurricanes, including Hurricane Helene, the second-deadliest storm to strike the mainland in the past 50 years. Wildfires exacerbated by climate change are currently devastating Los Angeles, leaving widespread destruction in their wake.

M.J.Baumann--NZN