Big investors urge Trump to stick with Paris climate accord

Posted May 08, 2017

Gov. Jay Inslee and 11 other governors sent a letter to President Trump Wednesday urging the administration to continue the United States' involvement in the global Paris Climate Agreement.

The conflicting signals suggest the administration is trying to keep its options open while Mr Trump decides whether to withdraw, a move the global community would strongly oppose.

EPA officials removed the page relating to the Obama administration's main emissions regulation for power plants, which now directs to an article about an executive order Trump signed in March undoing Obama's climate agenda. The goal, the official said, is to ensure Donald Trump receives information from both government experts and the private sector before making a decision.

Mr Pruitt is a chief proponent of leaving the deal and has questioned the science which says humans are contributing to global warming.

Theresa May is facing calls from Britain's leading environment and development groups to use her influence to persuade Donald Trump that the USA must remain committed to the Paris climate change agreement.

The official said Friday that the United States delegation will be much smaller than in recent years.

Patanjali to invest Rs. 5000 cr in setting up new plants
Their sales, claim Ramdev, stood at Rs 1,467 crore, Rs 940 crore, Rs 825 core and Rs 574 crore , respectively, in the last fiscal. Ramdev dismissed reports of his company's products failing quality checks and said there was no problem with Patanjali's items.

The officials requested anonymity because they weren't authorized to discuss internal deliberations publicly.

U.S. President Donald Trump delivers remarks at an event with veterans and Australia's Prime Minister Malcolm Turnbull commemorating the 75th anniversary of the Battle of the Coral Sea, aboard the USS Intrepid Sea, Air and Space Museum in NY, U.S. May 4, 2017.

"The question of whether this creates a hard backdrop for the negotiations is clearly a 'yes, ' " said Paula Caballero, who heads the climate program at the Washington-based World Resources Institute (WRI). "It will be on the sidelines, and that's going to hurt American businesses". President Trump promised on the campaign trail to pull the U.S. out of the historic climate accord, but is yet to make a final decision on the matter despite taking steps to unwind key domestic climate policies.

The agreement requires countries to cut greenhouse emissions on a country-by-country basis, with Obama committing the reduce carbon emissions by at least 26 percent below 2005 levels by 2025. "The Agreement is already spurring the development of clean energy and energy efficiency jobs across the US, and will position the United States, and small businesses nationwide, to be leaders in the rapidly growing clean energy economy".

Sent ahead of a G7 Summit scheduled to take place in Sicily later this month, the letter also calls on world leaders to implement policy action to reshape the global economy to drive climate action, including through introducing carbon pricing mechanisms "where appropriate" and delivering on promises to phase out fossil fuel subsidies. A meaningful outcome of the 2018 FD will be a collective signal from countries that they intend to revise their NDCs with more ambitious targets. But we need a partner in the federal government.