The Trump Administration officially informed the United Nations on Monday that it is withdrawing the U.S. from the 2016 Paris Agreement that requires them to invest more than $1 trillion per year in actions to address climate challenges.
Key milestones that were to be met by the U.S. by next year included among others making use of environmentally-friendly agriculture practices; decreasing emissions in the aviation and shipping sectors; canceling investments in coal, oil and gas production; and imposing a moratorium on the construction of new coal-fired power plants and closing existing ones.
“As noted in his June 1, 2017 remarks, President Trump made the decision to withdraw from the Paris Agreement,” Secretary of State Mike Pompeo explained in a statement on Monday, “because of the unfair economic burden imposed on American workers, businesses, and taxpayers by U.S. pledges made under the Agreement.”
Despite the withdrawal, Pompeo said in the statement that the U.S. will continue to collaborate with its partners around the globe to reduce emissions.
“U.S. emissions of criteria air pollutants that impact human health and the environment declined by 74 percent between 1970 and 2018,” Pompeo said. “U.S. net greenhouse gas emissions dropped 13 percent from 2005 to 2017, even as our economy grew over 19 percent.”