Search icon
Download the all-new Republic app:
NIFTY 50 23,251.90 Down stock -92.85 (-0.40%)
NIFTY 100 23,901.25 Down stock -147.55 (-0.61%)
NIFTY 500 21,629.05 Down stock -179.95 (-0.83%)
NIFTY MIDCAP 50 15,086.20 Down stock -212.25 (-1.39%)
INDIA VIX 17.12 up stock 0.70 (4.27%)
NIFTY MIDCAP 150 20,100.00 Down stock -250.90 (-1.23%)
NIFTY SMALLCAP 50 8,395.65 Down stock -124.60 (-1.46%)
NIFTY BANK 48,862.20 Down stock -488.60 (-0.99%)
NIFTY AUTO 22,535.25 Down stock -136.55 (-0.60%)
NIFTY FMCG 56,084.85 up stock 346.80 (0.62%)
NIFTY IT 42,257.25 up stock 64.45 (0.15%)
NIFTY MEDIA 1,701.65 Down stock -17.75 (-1.03%)
NIFTY METAL 8,611.95 Down stock -1.40 (-0.02%)
NIFTY PHARMA 22,131.10 Down stock -51.30 (-0.23%)
NIFTY PRIVATE BANK 24,028.70 Down stock -213.95 (-0.88%)
NIFTY REALTY 919.30 Down stock -26.05 (-2.76%)
NIFTY OIL & GAS 10,927.90 Down stock -29.90 (-0.27%)
NIFTY COMMODITIES 8,137.80 Down stock -21.80 (-0.27%)
NIFTY ENERGY 34,578.60 Down stock -391.95 (-1.12%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)
NIFTY 50 23,251.90 Down stock -92.85 (-0.40%)
NIFTY 100 23,901.25 Down stock -147.55 (-0.61%)
NIFTY 500 21,629.05 Down stock -179.95 (-0.83%)
NIFTY MIDCAP 50 15,086.20 Down stock -212.25 (-1.39%)
INDIA VIX 17.12 up stock 0.70 (4.27%)
NIFTY MIDCAP 150 20,100.00 Down stock -250.90 (-1.23%)
NIFTY SMALLCAP 50 8,395.65 Down stock -124.60 (-1.46%)
NIFTY BANK 48,862.20 Down stock -488.60 (-0.99%)
NIFTY AUTO 22,535.25 Down stock -136.55 (-0.60%)
NIFTY FMCG 56,084.85 up stock 346.80 (0.62%)
NIFTY IT 42,257.25 up stock 64.45 (0.15%)
NIFTY MEDIA 1,701.65 Down stock -17.75 (-1.03%)
NIFTY METAL 8,611.95 Down stock -1.40 (-0.02%)
NIFTY PHARMA 22,131.10 Down stock -51.30 (-0.23%)
NIFTY PRIVATE BANK 24,028.70 Down stock -213.95 (-0.88%)
NIFTY REALTY 919.30 Down stock -26.05 (-2.76%)
NIFTY OIL & GAS 10,927.90 Down stock -29.90 (-0.27%)
NIFTY COMMODITIES 8,137.80 Down stock -21.80 (-0.27%)
NIFTY ENERGY 34,578.60 Down stock -391.95 (-1.12%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)

Published 09:55 IST, January 21st 2025

Paris Climate Deal: Trump Pulls US Out - Again

President Donald Trump's executive order to withdraw from the Paris Climate Agreement sparks international controversy, distancing the US from global climate

Reported by: Business Desk
President Donald Trump | Image: X


In a contentious move echoing his 2017 directive, President Donald Trump has once again steered the United States away from the Paris climate agreement, dealing a significant blow to international efforts aimed at combating global warming.

The executive order, signed shortly after Trump's inauguration for a second term, underscores his administration's stance against what he views as unfavorable international agreements.

As per a report by the Associated Press, Trump's latest action follows his initial withdrawal in 2020, which took effect shortly after his electoral defeat to President Joe Biden.

Paris Climate Deal
The Paris accord, adopted by 196 nations, seeks to limit global warming to well below 3.6 degrees Fahrenheit above pre-industrial levels, urging nations to set and meet targets for reducing greenhouse gas emissions.

Economic and Sovereignty Concerns
In his executive order, Trump criticized the Paris accord for not aligning with American values and redirecting taxpayer dollars to countries he deems undeserving of financial assistance, as per a report by the Associated Press.  

He emphasized the U.S.'s achievements in advancing both economic growth and environmental objectives, suggesting a model for others to follow rather than joining international agreements.

According to Laurence Tubiana, CEO of the European Climate Foundation and a key architect of the Paris accord, Trump's decision is regrettable but underscores that global efforts to combat climate change transcend individual countries' policies.

Global Reaction and Economic Impact
As per a report by the Associated Press, Despite the U.S.'s withdrawal, other nations reaffirm their commitment to the Paris Agreement.

The global momentum towards clean energy technologies, projected to exceed $2 trillion by 2035 by the International Energy Agency, highlights a shifting economic landscape driven by climate action.

As per a report by the Associated Press, Gina McCarthy, former White House climate adviser under President Biden, emphasized the potential for the US to lead in clean energy innovation, stressing the economic benefits and job creation opportunities associated with transitioning to sustainable energy sources.

Environmental and Political Ramifications
With global temperatures already 2.3 degrees Fahrenheit above mid-1800s levels and increasing climate-related disasters like wildfires in Los Angeles, concerns mount over the environmental impact of reduced U.S. participation in global climate efforts.

As mentioned in the report by the Associated Press, experts warn that without US leadership, coordinated global action to mitigate climate change could face significant setbacks.

Public Opinion and Domestic Politics
Public sentiment within the US reflects a divided stance on climate policy, with a significant portion opposing withdrawal from the Paris accord. Polls indicate that even among Republicans, opinions on climate action are varied, suggesting a complex landscape of public opinion and political priorities, as per a report by the Associated Press.

Future Prospects and International Engagement
Despite the withdrawal process taking a year to complete, the door remains open for the US to reengage with international climate efforts.

Simon Stiell, the U.N. climate change executive secretary, expressed hope for constructive US participation in global clean energy initiatives, emphasizing the economic risks of ignoring climate change amidst worsening environmental conditions worldwide,as per a report by the Associated Press.

In conclusion, Trump's decision to withdraw from the Paris Climate Agreement rekindles global debate on climate policy, highlighting contrasting views on sovereignty, economic interests, and environmental stewardship. 

As the world faces unprecedented climate challenges, the role of major economies like the US in shaping global climate action remains pivotal and contentious.

 

Updated 09:55 IST, January 21st 2025

Search icon
Home
Live TV
Union Budget 2025
Markets
News
Companies
Economy
Auto
Money
Technology
Videos
Initiatives
Life
Web Stories
Opinion
Download the all-new Republic app: