By quantifying the damage done to society by CO2 pollution, Trump sees America as an island apart – and we all know what climate change is doing to the islands. In the run-up to the Paris meeting, the United Nations has instructed countries to present plans detailing how they intend to reduce greenhouse gas emissions. These plans have been technically referred to as planned national contributions (INDC). As of December 10, 2015, 185 countries had introduced measures to limit or reduce their greenhouse gas emissions by 2025 or 2030. In 2014, the United States announced its intention to reduce its emissions by 26-28% from 2005 levels by 2025. To achieve this goal, the country`s Clean Power Plan should set limits for existing and projected emissions from power plants. China, the country that emits the most greenhouse gases as a whole, has set a goal of reaching its carbon dioxide emissions “around 2030 and making the best efforts to reach an early peak.” The Chinese authorities have also sought to reduce carbon dioxide emissions per unit of gross domestic product (GDP) by 60-65% compared to 2005. Taking part in an election campaign promise, Trump – a climate denier who has claimed that climate change is a “hoax” perpetrated by China, announced in June 2017 his intention to withdraw the United States from the Paris Agreement. But despite the rose garden president`s statement that “we`re going out,” it`s not that simple. The withdrawal procedure requires that the agreement be in effect for three years before a country can formally announce its intention to withdraw. She`ll have to wait a year before she leaves the pact. This means that the United States could formally withdraw on November 4, 2020, the day after the presidential elections.
Even a formal withdrawal would not necessarily be permanent, experts say. a future president could join us in a month. Seven other states signed the Paris Agreement but did not ratify it. Indeed, research shows that the cost of climate activity far outweighs the cost of reducing carbon pollution. A recent study suggests that if the United States does not meet its climate targets in Paris, it could cost the economy up to $6 trillion in the coming decades. A lack of compliance with the NPNs currently foreseen in the agreement could reduce global GDP by more than 25% by the end of the century. Meanwhile, another study estimates that achieving – or even exceeding – the Paris targets by investing in infrastructure in clean energy and energy efficiency could have great benefits globally – about $19 trillion. Signed the Paris Agreement, but its climate promise does not appear in the INDC register. A number of measures are being taken to reduce emissions, including increasing penetration of renewable energy networks, improving energy efficiency and reforestation.