US could return to climate deal By


Last June, Trump angered global businesses and politicians by announcing the USA would be leaving the worldwide climate accord, which was signed by the Obama administration and counts every nation on earth as a signatory until the U.S. formally quits the deal in 2020. "It took a lot of our asset values". "Frankly, it's an agreement that I have no problem with, but I had a problem with the agreement that they signed, because as usual they made a bad deal", Trump said at a joint press conference in the White House after meeting Norwegian Prime Minister Erna Solberg on Wednesday.

"It wasn't a major topic, I must tell you, we talked about other things, including mostly trade", said Trump, who boasted that the U.S. had a trade surplus with Norway. While he has "no problem" with the accord itself, he felt the agreement negotiated by the Obama administration treated the US unfairly, he said.

Former President Barack Obama signed the agreement in 2016 with 195 other nations, which all voluntarily agreed to cut greenhouse gas emissions to fight climate change.

Trump claimed that the Paris agreement was very unfair to the United States because it imposed penalties and took away many USA asset values.

Nevertheless, speaking to reporters yesterday, Trump suggested he would still be open to the USA being a part of the climate change accord, but emphasised that as it stands the deal remains "very unfair to the United States".

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Trump also suggested that America's target set in the NDC by 2025 put it at a disadvantage and would force businesses to close.

In the end, should we believe Donald Trump actually believes the United States "could conceivably go back" to the Paris Climate Agreement? No. "China, by 2030-they don't kick in until 2030", he said as an example. "Im not going to let that happen", Trump asserted.

"The Paris accord really would have taken away our competitive edge, and we're not going to let that happen", he said.Mr Trump has claimed in the past that the agreement would cost the U.S. $3tn in lost GDP and 6.5 million jobs - while rival economies like China and India were treated more favourably. We "want to have clean water, clean air, but we also want businesses that can compete".

This is unedited, unformatted feed from the Press Trust of India wire.