Trump to announce decision on climate change Thursday

Earth to Trump F**k You!’ Headline writers react to the president's Paris climate deal decisionMore

Former President Barack Obama signed the global deal previous year, committing the U.S.to a significant reduction of its greenhouse gas emissions by 2025. He also said the agreement would cost the USA economy trillions of dollars with little in return.

What happens if the United States withdraws from the agreement? On Wednesday, Exxon shareholders voted to require the company to produce an annual report examining how the oil and gas giant will be impacted by efforts to reduce greenhouse gas emissions directed by the Paris agreement.

President Trump faced considerable pressure to hold to the deal during visits with European leaders and Pope Francis on his recent trip overseas. Trump himself kept everyone in suspense, saying he was still listening to "a lot of people both ways".

European Commission Vice President Maros Sefcovic said of a US pullout: "It would be disappointing but I really do not think this would change the course of mankind".

He has said in the past that he is a climate change skeptic.

Scientists say that the earth is likely to reach more risky levels of warming even sooner if the USA retreats from its pledge because America contributes so much to rising temperatures.

The United States under former President Barack Obama's administration had committed to reduce its emissions by 26 to 28 percent from 2005 levels by 2025.

German Chancellor Angela Merkel, who has in the past even been dubbed the "climate chancellor" for her efforts to fight global warming, welcomed Li's remarks at their joint press conference.

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President Trump is relishing the role of decider-in-chief.

Tesla's founder, Elon Musk, threatened to quit White House advisory councils the president asked him to join if Trump pulls out.

The Paris issue has caused an internal division at the White House.

Mr Trump repeatedly vowed during his election campaign he would pull the U.S. out of the TPP and the Paris accord.

Major U.S. allies, business leaders and even the Pope had urged the U.S.to remain in the deal.

"I will be announcing my decision on the Paris Accord over the next few days".

The world's first comprehensive climate deal, secured in the French capital in December 2015, commits countries to emissions cuts that will keep global temperature rises to "well below" 2C above pre-industrial levels.

So just how big is the U.S.'s climate footprint?

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The president met with Secretary of State Rex Tillerson in Washington on Wednesday afternoon, and some news outlets reported that the White House was completing legal language related to an impending USA withdrawal.

"You're going to find out very soon", he said when pressed further on the withdrawal.

President Trump, meanwhile, said in a 2012 tweet the concept of global warming was a "hoax" perpetuated by the Chinese government to make USA manufacturing "non-competitive".

The official told reporters that the European Union and China will also "spell out" how they plan to meet their commitments to the landmark worldwide accord to fight global warming at talks in Brussels on Friday. "U.S. companies are well positioned to lead in these markets".

President Trump's top aides have been divided.

US Defence Secretary Jim Mattis responded in a television interview on Sunday, assuring that Mr Trump was "wide open on this issue as he takes in the pros and cons of that accord".

He declined to answer a question about whether he believes climate change is a hoax. For the president, a withdrawal would reflect his "America First" approach to policy, unencumbered by worldwide obligations.

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