China's Li: fighting climate change is 'global consensus'

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"This agreement is less about the climate and more about other nations getting an economic advantage over the United States", Trump said at the Rose Garden.

China will "steadfastly" implement the Paris climate agreement, Premier Li Keqiang said on Thursday (June 1), urging others to do likewise as US President Donald Trump was due to announce whether he will keep Washington in the deal.

A decision to drop out would put the U.S.at odds with almost every other nation on Earth.

"We deem the momentum generated in Paris in December 2015 irreversible and we firmly believe that the Paris Agreement can not be renegotiated since it is a vital instrument for our planet, societies and economies", the leaders of the three countries said in a rare joint statement.

Imposes unrealistic targets on USA for carbon emissions, but gives China a free pass, allowing ti to increase emissions until 2030.

What about the rest of the world?

How large are US CO2 emissions?

China is the top emitter of man-made carbon dioxide emissions, and the United States is second. Some of the European countries, particularly when it comes to wind, are already there. The group's vice president, New Orleans Mayor Mitch Landrieu said the action "is shortsighted and will be devastating to Americans in the long run".

Trump campaigned on a promise to unravel Obama-era climate regulations to help boost domestic oil, gas and coal production. Climate change is real. Kamala Harris, D-Calif. "Pulling out of the Paris Agreement is an irrational decision that is a disastrous step backward, threatens the future viability of our planet for future generations, and abdicates our role of leadership".

President Trump was keeping the liberal media on the edge of their seats Wednesday, as he played coy with his decision about whether or not to pull out of Paris Climate Change Accord agreed to by former President Obama.

In 2018, and every five years thereafter, countries will take stock of the overall impact of their efforts to rein in global warming.

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US has already reduced its carbon-dioxide emissions 12 percent since 2006.

But some scientists have pointed out even with the agreement in place, halting global warming at two degrees might be unattainable.

The president could also announce that he will begin formally pulling out of the accord outright - a process that would take three-and-a-half years under the standard cooling-off period for new global treaties.

What impact would a U.S. withdrawal have?

In signing onto the accord, countries pledged to reduce greenhouse gas emissions, but were given wide leeway in how much they planned to reduce them by.

According to CNN's John D. Sutter, the 2 degrees goal is incredibly consequential. The ice is melting, the temperature is rising, the habitat is being destroyed.

During his electoral campaign, Trump called climate change "a Chinese Hoax" and insisted that he would pull the U.S. out of the Paris agreement.

The pact was the first legally binding global deal to fight climate change.

Many economists have big doubts.

The chancellor welcomed Li's announcement that China will stand by its obligations on climate, saying that China and Germany are partners in building a "rules based global order". Europe, China, and other countries could threaten to withhold cooperation on other issues the USA cares about.

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