Dubai Telegraph - Trump leaves Paris climate agreement, doubles down on fossil fuels

EUR -
AED 3.843685
AFN 75.872415
ALL 98.733778
AMD 412.734104
ANG 1.886869
AOA 958.556336
ARS 1106.915874
AUD 1.64667
AWG 1.883625
AZN 1.783134
BAM 1.955881
BBD 2.113888
BDT 127.205283
BGN 1.956857
BHD 0.394365
BIF 3100.613963
BMD 1.046458
BND 1.399451
BOB 7.2343
BRL 5.999246
BSD 1.046943
BTN 90.404323
BWP 14.411117
BYN 3.426326
BYR 20510.585864
BZD 2.103087
CAD 1.489791
CDF 3003.336166
CHF 0.939592
CLF 0.025708
CLP 986.5282
CNY 7.587913
CNH 7.589571
COP 4278.445424
CRC 528.819437
CUC 1.046458
CUP 27.731149
CVE 110.76804
CZK 25.074509
DJF 185.97701
DKK 7.460835
DOP 65.272889
DZD 141.136941
EGP 52.899373
ERN 15.696877
ETB 132.874105
FJD 2.4168
FKP 0.827646
GBP 0.828419
GEL 2.934124
GGP 0.827646
GHS 16.237918
GIP 0.827646
GMD 75.44817
GNF 9052.099628
GTQ 8.075002
GYD 218.595332
HKD 8.130815
HNL 26.80406
HRK 7.537226
HTG 137.076419
HUF 403.755919
IDR 17046.244119
ILS 3.737165
IMP 0.827646
INR 90.607676
IQD 1369.474303
IRR 44090.687551
ISK 145.846653
JEP 0.827646
JMD 165.08814
JOD 0.74198
JPY 156.223172
KES 135.51094
KGS 91.778879
KHR 4204.880762
KMF 492.452244
KPW 941.818353
KRW 1501.120782
KWD 0.322867
KYD 0.863109
KZT 525.911548
LAK 22705.121265
LBP 93840.306703
LKR 309.739999
LRD 208.387288
LSL 19.168984
LTL 3.08992
LVL 0.632993
LYD 5.117165
MAD 10.4233
MDL 19.517092
MGA 4939.23915
MKD 61.449612
MMK 2196.437436
MNT 3626.32255
MOP 8.374155
MRU 41.938418
MUR 48.449616
MVR 16.162263
MWK 1812.540847
MXN 21.369077
MYR 4.628442
MZN 66.852471
NAD 19.168984
NGN 1573.849328
NIO 38.489726
NOK 11.66931
NPR 145.040237
NZD 1.822638
OMR 0.402882
PAB 1.046458
PEN 3.851188
PGK 4.103245
PHP 60.570095
PKR 292.3778
PLN 4.163906
PYG 8264.439589
QAR 3.8095
RON 4.983004
RSD 117.305205
RUB 92.936676
RWF 1466.880207
SAR 3.924609
SBD 8.934569
SCR 15.212666
SDG 628.706938
SEK 11.139357
SGD 1.398712
SHP 0.831543
SLE 23.796854
SLL 21943.716629
SOS 597.023998
SRD 37.320292
STD 21659.577382
SVC 9.156898
SYP 13606.033167
SZL 19.168984
THB 35.114721
TJS 11.412041
TMT 3.671232
TND 3.313637
TOP 2.517342
TRY 38.155278
TTD 7.100474
TWD 34.303631
TZS 2710.710894
UAH 43.574396
UGX 3843.602773
USD 1.046458
UYU 45.141983
UZS 13542.420154
VES 66.062196
VND 26715.476924
VUV 129.071619
WST 2.940274
XAF 656.602993
XAG 0.032128
XAU 0.000356
XCD 2.833067
XDR 0.797327
XOF 656.602993
XPF 119.331742
YER 259.078874
ZAR 19.220967
ZMK 9419.385666
ZMW 29.479376
ZWL 336.959198
  • SCS

    -0.1200

    12.31

    -0.97%

  • GSK

    0.0807

    36.64

    +0.22%

  • NGG

    0.2100

    61.31

    +0.34%

  • RBGPF

    65.4200

    65.42

    +100%

  • BCC

    -9.4800

    107

    -8.86%

  • BCE

    0.4000

    23.97

    +1.67%

  • RIO

    -0.7600

    63.53

    -1.2%

  • RELX

    -1.1200

    49.29

    -2.27%

  • BP

    -0.2800

    33.89

    -0.83%

  • RYCEF

    -0.1300

    7.7

    -1.69%

  • AZN

    0.7100

    74.22

    +0.96%

  • CMSC

    -0.0300

    23.37

    -0.13%

  • BTI

    -0.7000

    37.85

    -1.85%

  • CMSD

    -0.0500

    23.42

    -0.21%

  • VOD

    0.1000

    8.36

    +1.2%

  • JRI

    -0.0200

    12.8

    -0.16%

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.

A.El-Sewedy--DT