World should wait and watch Trump’s stand on climate deal:Dave

More than 360 businesses and investors, including Nike, Mars, Unilever, Kellogg Company, Starbucks and L’Oreal USA, issued a statement of support for the Paris Agreement, the world’s first comprehensive treaty on tackling climate change.

“What we are urging cooler heads in the Trump team to be thinking through is, what are the collateral consequences of starting your administration by blowing up the Paris agreement?” he said.

The signatories also include DuPont, eBay, Nike, Unilever, Levi Strauss & Co. and Hilton.

Like the United States, China is one of the biggest climate offenders and like the U.S. China seems very wary to make the radical changes environmental activists hope they would.

The two nations did, however, sign the Paris agreement in climate change talks previous year, which involves both developed and developing countries. “But the right action now will create jobs and boost United States competitiveness”. “Building an energy-efficient economy in the United States, powered by low-carbon energy will ensure our nation’s competitiveness and position USA companies as leaders in the global market – all while doing the right thing for our planet”.

In practice, Trump can’t cancel the Paris Agreement, which has been signed by 195 countries.

If he follows through on his promises, he would undo the legacy of President Barack Obama, who has made climate change one of his top domestic and foreign policy priorities and called the trends of rising temperatures and other fallout from climate change “terrifying”.

But a U.S. reversal would likely also cause other major carbon emitting nations, like China or India, to at least slow their own efforts.

The new administration has created a huge amount of uncertainty and that’s bad for business.

Ms. Averchenkova told The Hindu that for G20 countries that were not on track on their Paris pledges, energy was responsible for the largest sectoral contribution in terms of emissions.

Donald Trump, China knows you are full of shit and will quietly remind you and Republicans that any climate change “conspiracy” is a Republican creation.

Back in 2012, Trump made his infamous tweet calling global warming a “hoax” invented by the Chinese.

As a reminder, Ebell is a director with Washington, D.C.’s Competitive Enterprise Institute who is known for his denial of climate change and his disdain for the Environmental Protection Agency, whose future he’s now planning as part of Trump’s transition.

The G20 countries continue pumping billions in overseas coal development and Japan’s plans to build dozens of so-called high-efficiency coal power plants, both of which undermine the landmark Paris Agreement and clean energy deployment, two new reports said on Monday.

But other countries, leading businesses and US Secretary of State John Kerry have all warned in the past few days of the need for urgent action to support the shift to a low-carbon economy and avoid the unsafe impacts of climate change.