WASHINGTON - President Donald Trump announced Thursday (Friday morning Thailand time) that he has withdrawn the US from the Paris global climate pact.
Trump says the Paris accord is more about other nations gaining a "financial advantage" over the U.S. than it is about climate change.
The president was speaking in the White House Rose Garden Thursday where he announced America's withdrawal from the Paris climate change accord.
Trump said, "This agreement is less about the climate and more about other countries obtaining a financial advantage over the United States."
The official White House Twitter account @POTUS summarised the president's talking points.
The Paris Accord is a bad deal for Americans, and @POTUS' action today is keeping his promise to put American workers first. pic.twitter.com/YfbnaymerP
— The White House (@WhiteHouse) June 1, 2017
"He's pulling out. It's official," said Stephen Moore, an economist who worked for Trump's campaign and participated in an administration conference call. "They're going to withdraw US participation in the treaty."
White House talking points said the Paris accord "is a BAD deal for Americans" and that the president's action would keep "his campaign promise to put American workers first."
"The Accord," the document goes on to say, "was negotiated poorly by the Obama Administration and signed out of desperation."
"The US is already leading the world in energy production and doesn't need a bad deal that will harm American workers," it reads.
The White House had signalled that withdrawal was likely, but Trump has been known to change his mind at the last minute on such major decisions.
Abandoning the pact was one of Trump's principal campaign pledges, but America's allies have expressed alarm about the likely consequences. Top White House aides have been divided. Aides have been deliberating on "caveats in the language," one official said.
The White House invited representatives from several groups that support withdrawing from the Paris accord, including staff from the Heritage Foundation, a conservative think tank with close ties to the administration, and Myron Ebell, director of the Center for Energy and Environment at the Competitive Enterprise Institute, a libertarian think tank that gets financial support from the fossil fuel industry.
Trump had several potential options. Some of his aides have been searching for a middle ground in an effort to thread the needle between his base of supporters who oppose the deal for fear it will hamper US economic growth and those warning that a US exit would deal a blow to the fight against global warming as well as to worldwide US leadership.
Under the agreement, the US had agreed to reduce the country's pollution emissions to 26 percent to 28 percent of 2005 levels by 2025 - about 1.6 billion tons. Countries are permitted under the treaty to change their goals and there is no punishment for missing targets.
Pulling out of the agreement outright would take three-and-a-half years under the standard cooling-off period for new international treaties.
Abandoning the Paris pact would isolate the US from a raft of international allies who spent years negotiating the 2015 agreement to fight global warming and pollution by reducing carbon emissions in nearly 200 nations. While travelling abroad last week, Trump was repeatedly pressed to stay in the deal by European leaders and the pope. Withdrawing would leave the United States aligned only with Russia among the world's industrialized economies.
American corporate leaders have also appealed to the businessman-turned-president to stay in the pact. They include Apple, Google and Wal-Mart. Even fossil fuel companies such as Exxon Mobil, BP and Shell say the United States should abide by the deal.
In a Berlin speech, Chinese Premier Li Keqiang said that fighting climate change is a "global consensus" and an "international responsibility."
"China in recent years has stayed true to its commitment," said Li, speaking in Berlin Wednesday.
Trump met Wednesday with Secretary of State Rex Tillerson, who has favoured remaining in the agreement. Chief strategist Steve Bannon supports an exit, as does Environmental Protection Agency Administrator Scott Pruitt.
Trump's chief economic adviser, Gary Cohn, has discussed the possibility of changing the US carbon reduction targets instead of pulling out of the deal completely. Senior adviser Jared Kushner generally thinks the deal is bad but still would like to see if emissions targets can be changed.
Trump's influential daughter Ivanka Trump's preference is to stay, but she has made it a priority to establish a review process so her father would hear from all sides, said a senior administration official. Like the other officials, that person was not authorized to describe the private discussions by name and spoke only on condition of anonymity.
Interior Secretary Ryan Zinke said Wednesday in Alaska that he had "yet to read what the actual Paris Agreement is," and would have to read it before weighing in.
Scientists say Earth is likely to reach more dangerous levels of warming sooner if the US retreats from its pledge because America contributes so much to rising temperatures. Calculations suggest withdrawal could result in emissions of up to 3 billion tons of additional carbon dioxide in the air a year - enough to melt ice sheets faster, raise seas higher and trigger more extreme weather.