Dems Agree with Putin, Communist China on Paris Climate Change Agreement

Developing nations agreed the 2015 Paris deal after the rich set a goal of raising climate finance from $100 billion a year from 2020 to help the poor limit greenhouse gas emissions and adapt to more heat waves, floods, storms and rising seas.

Russian President Vladimir Putin said now that the USA has announced its decision, the world must think what is to be done in future. "It has been the stand of Prime Minister Narendra Modi", said Environment Minister Harsh Vardhan, stressing that Prime Minister Narendra Modi had provided "leadership" at the Paris summit.

"This idea that the Paris agreement has a negligible impact on future climate change is certainly not what we conveyed and was not the conclusion of our analysis". "It's the most significant geopolitically". He'd essentially ditched the deal long before Thursday, they say.

In January, Blankfein blasted Trump's initial ban on the entry into the United States of citizens from seven Muslim countries, saying in a voice mail left on the phones of all Goldman employees that it was "not a policy we support".

The architects of the Paris agreement included Christiana Figueres, who until recently led the UNFCCC.

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Tillerson said people need to recognize that the USA has a "terrific record" of reducing its own greenhouse gas emissions, adding that it is "something I think we can be proud of".

Trump said in his Rose Garden speech that even if the climate agreement were fully implemented, "it is estimated it would only produce a two-tenths of one degree - think of that; this much - Celsius reduction in global temperature by the year 2100". Per capita, Sweden is the most generous and has paid out $60 to the GCF, against $3 for each American, the figures showed.

Critics of the move include Travis Rieder, a Johns Hopkins bioethicist who was among five experts to analyze what the withdrawal means for the planet, USA business, and the world's poor in an article published by The Conversation.

Mr Trump has previously described climate change as a hoax by the Chinese to damage USA manufacturing.

It estimated that funds had reached $62 billion by 2014.

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Russian President Vladimir Putin said he would not judge Mr Trump for quitting the pact, but said he thought Washington could have stayed in the agreement.

Nicholas Burns, a former U.S. Diplomat and professor of global politics at Harvard University, told ABC News that Trump's actions threaten the country's credibility. Here's why USA withdrawal from the Paris Accord isn't as big a change as you might be thinking.

"Worse yet, the announced departure may encourage some countries to do less than they had anticipated".

The decision left the the only major country that won't be part of the 195-country global accord - and just one of three worldwide.

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