U.S. submits formal notice of withdrawal from Paris climate pact

2017-08-07 11:11:00 Policy,  Environmental Protection,  International reuters.com

The U.S. State Department has officially informed the United Nations it will withdraw from the Paris Climate Agreement in a document issued on July 4, but left the door open to re-engaging if the terms improved for the United States.


The State Department said in a press release the United States would continue to participate in United Nations climate change meetings during the withdrawal process, which is expected to take at least three years.


"The United States supports a balanced approach to climate policy that lowers emissions while promoting economic growth and ensuring energy security," the department said in the release.


President Donald Trump announced his decision to withdraw from the Paris deal in June, saying the accord would have cost America trillions of dollars, killed jobs, and hindered the oil, gas, coal and manufacturing industries.


But he also, at the time, said he would be open to renegotiating the deal, which was agreed by nearly 200 nations over the course of years - drawing ridicule from world and business leaders who said that would be impossible.


During a visit last month to Paris to meet French President Emmanuel Macron, the two discussed the deal and Trump told reporters "Something could happen with respect to the Paris accords, let's see what happens."


"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 favourable to it, its businesses, its workers, its people, and its taxpayers," the State Department said in its press release about the formal notice of withdrawal.


Republican U.S. congressional leaders have backed Trump's move to exit the accord. Senate Majority Leader Mitch McConnell, for example, said it was "another significant blow to the Obama administration's assault on domestic energy production and jobs".


But numerous business leaders have called the move a blow to international efforts to combat climate change, and a missed opportunity to capture growth in the emerging clean energy industry.


The United States, under former President Barack Obama, had pledged as part of the Paris accord to cut U.S. greenhouse gas emissions by as much as 28% from 2005 levels by 2025 to help slow global warming.


The earliest date for the United States to completely withdraw from the agreement is November 4, 2020, around the time of the next U.S. presidential election.


(Writing by Becky Du   Editing by Harry Huo)
For any questions, please contact us by inqury@fwenergy.com or +86-351-7219322.

Editors Recommendations

1 Chinese traders turn bearish on import coal as quotas run out 2017-10-20

Chinese traders turned bearish on the seaborne thermal coal market, as import quotas are running out at some ports in southern China and along the Yangtze River. After about a week's spar

2 Weekly global coal market news summary (Oct 16-Oct 20) 2017-10-20

U.S. H1 coal production fell after increasing in late 2016 U.S. coal production averaged 192 million short tonnes per quarter in the first half of 2017, a slight decrease from the second half

3 Huadian Power Int. 3Qs power generation up 2.43% on yr 2017-10-20

Hong Kong-listed Huadian Power International Corporation, one of largest power generators in China, produced 142.65 TWh of power in the first three quarters of this year, up about 2.43% year on year,

4 NDRC urges to expand production of CBM, shale gas and coal-based gas 2017-10-20

The National Development and Reform Commission urged provinces and large state-owned energy enterprises to produce clean gases as much as possible to ensure energy supply in the coming winter heating

5 Hunan vows to cut unsafe and outdated coal capacity by end-2018 2017-10-20

China's Hunan province is set to close all coal-and-gas outburst mines with production capacity at and below 9 million tonnes per annum by the end of next year, reducing the number of coal mines

6 China power companies going green for blue skies, energy sector delegates say 2017-10-20

Major companies in the power-generation sector, including coal, have taken measures to lower pollution from consumption and mining, party delegates to the 19th National Congress of the Communist Party

7 NDRC gives nod to China Coal's two coal mine projects 2017-10-20

China Coal Energy Co., Ltd., the listed arm of China National Coal Group, has recently received approval to build two coal mines and associated washing plants in Ordos, Inner Mongolia, with annual cap

8 Indonesian miners keep thermal coal prices steady 2017-10-19

Indonesian miners continued to keep their offer prices steady for thermal coal, despite a lack of buying interest from Chinese buyers. A wait-and-see sentiment has dominated the market re

9 PetroChina shale gas output over 200 mln cu m 2017-10-19

PetroChina Southwest Oil & Gasfield Company has produced over 200 million cubic meters of shale gas by October 18 this year, increasing 160 million cu m from a year ago, the company said on the sa

10 China's refining and chemical integration projects under plan and construction 2017-10-19

In the era of high oil prices, China's refinery plants generally chose to extract hydrogen from more cost-effective coal/ petroleum coke gasification. With prices of crude oil

Most Read Articles

1 China makes great progress in switch from coal to power heating 2017-10-16

China has made great progress in switching to electricity from coal for winter heating in northern part of the country, part of the government's efforts to tackle the long-standing air pollution issue

2 Mongolia coal exports cool as China border issue creates a bottleneck 2017-10-17

Mongolia's coal exports, which have helped lift its slow-growing economy this year, are losing steam, according to trade data. In the first nine months of the year, exports earned $1.73 b

3 Weekly global coal market news summary (Oct 9-Oct 13) 2017-10-16

Glencore, Japan's Tohoku Electric set annual coal price at $94.75/t Glencore Plc and Tohoku Electric Power Co have settled an Australian thermal coal import contract for October 2017-September 2

4 NDRC urges to expand production of CBM, shale gas and coal-based gas 2017-10-20

The National Development and Reform Commission urged provinces and large state-owned energy enterprises to produce clean gases as much as possible to ensure energy supply in the coming winter heating

5 Weekly China coal market news summary (Oct 16-Oct 20) 2017-10-20

China Sep raw coal output up 7.6% on yr China produced 298.12 million tonnes of raw coal in September, up 7.6% year on year and 2.53% month on month, showed data from the National Bureau of Stat

6 China steel and raw materials futures retreat after smog-driven rally 2017-10-19

Prices of steel and its raw materials futures pulled back on October 17, after recent gains that were fuelled by steel production cuts in top producer China that are part of Beijing's anti-pollution c

7 State power companies in India seek coal imports to tide over supply crisis 2017-10-16

Some state-owned power producers, who had stopped imports, are now looking at importing coal at a time when the Centre's focus is on reducing imports and eventually bringing it down to zero, Economic

8 NDRC gives nod to China Coal's two coal mine projects 2017-10-20

China Coal Energy Co., Ltd., the listed arm of China National Coal Group, has recently received approval to build two coal mines and associated washing plants in Ordos, Inner Mongolia, with annual cap

9 Rio Tinto reports thermal coal production drop in Q3 2017-10-18

Rio Tinto has seen thermal coal production decline in the third quarter after the sale of its Coal & Allied business, the miner said on October 17, while lowering its output guidance for 2017.

10 CIL's production growth at 13% in Oct so far 2017-10-17

Coal India (CIL) has achieved production growth of 13% in the current month so far, PTI reported on October 13, citing India government as said. "The Minister (Coal Minister Piyush Goyal)