By Modupe Gbadeyanka
President Donald Trump on Thursday, June 1, 2017, announced his decision to withdraw the United States from the Paris Climate Accord signed in 2015.
The agreement was put in place to set out a global action plan to put the world on track to avoid dangerous climate change by limiting global warming to well below 2°C.
During his speech today, Mr Trump said the deal does not favour America, stressing that it punishes the US, while making others happy.
“In order to fulfil my solemn duty to protect America and its citizens, the United States will withdraw from the Paris climate accord,” Mr Trump said in his speech.
Speaking from the White House Rose Garden, President Trump however said, “We will start to renegotiate and we will see if there’s a better deal and if we can, great, but if we can’t, that’s fine.”
Mr Trump reiterated his commitment to always put America first.
He said with the withdrawal, America will immediately stop contributing to the Green Climate Fund of the United Nations.
“The United States will cease all implementation of the nonbinding Paris accord,” he added.
He described the Paris Accord as “a bad deal for Americans,” blaming the “Obama administration” for “poorly” negotiating and signing the deal “out of desperation.”
more recommended stories
Africa’s Female Fund Managers to Access $100m
By Modupe Gbadeyanka Steps are already.
AfDB Calls for Africa’s Investment in Pension, Sovereign Wealth Funds
By Adedapo Adesanya The African Development.
Twitter to Ban Fake, Manipulated Media
By Adedapo Adesanya Top micro-blogging and.
China Cuts Tariffs on US Imports by 50%
By Adedapo Adesanya Following the January.
Ghana Cedi Emerges Best Performing Currency Against US Dollar
By Adedapo Adesanya The Ghanaian currency,.
Africa Needs 12m Jobs Yearly to Solve Unemployment—AfDB
By Adedapo Adesanya There is the.
Africa’s Total Debt Stock Stands at $500bn—AfDB
By Adedapo Adesanya **Projects 4% Economic.
UK Attracts World’s Best Scientists with New Visa Scheme
By Adedapo Adesanya The United Kingdom.