U.S. President Donald Trump said that his country could again join the Paris Climate Accord if an agreement treated America more fairly. He said this during a joint press conference with Norwegian Prime Minister Erna Solberg, BBC News reports.
Trump said it “was a bad deal for the US.” He stressed that his administration's commitment to environmental issues, "clean water, clean air", but added "we also want businesses that can compete".
Trump claimed in the past that the agreement would cost the US $3tn in lost GDP and 6.5 million jobs - while rival economies like China and India were treated more favourably.
"It's an agreement that I have no problem with but I had a problem with the agreement that they (the Obama administration) signed because, as usual, they made a bad deal," he told reporters.
"So we could conceivably go back in,” he said.
When he announced last June he was pulling the US out of the accord, Mr Trump said he wanted to negotiate a new "fair" deal that would not disadvantage US businesses and workers. He also said during the presidential election campaign that he wanted to help US oil and coal industries.
The US contributes about 15% of global emissions of carbon, but it is also a significant source of finance and technology for developing countries in their efforts to fight rising temperatures.
The Paris Climate Agreement is the first global climate agreement that defines a plan of action to restrain global warming. It was signed on April 22, 2016 at the UN headquarters in New York by representatives of 174 states, including Ukraine. The text of the document was approved on 12 December 2015 in Paris).
The agreement came into force in November 2016, as at least 55 countries, which together produce at least 55% of the total global greenhouse gas emissions, deposited their ratification documents.
This Agreement aims to strengthen the global response to the threat of climate change, in the context of sustainable development and efforts to eradicate poverty by holding the increase in the global average temperature to well below 2 °C above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5 °C.
Each state itself determines its obligations for the level of greenhouse gas emissions and should review them every five years. The deadlines of the implementation of these obligations are to be considered at the first session of the countries, the date is still unknown.
It is provided that developed countries should provide financial assistance to other states to prevent climate change. After the entry into force, a financial contribution is made to the budget of the Convention. The sum will be determined according to a special UN scale. The Paris Accords actually replace the Kyoto Protocol, the participants of which were aiming to reduce greenhouse gas emissions. The Kyoto Protocol expires in 2020.
An important step for the entry into force of the Paris Agreement was its simultaneous ratification by China and the United States, these two countries produce almost 40% of harmful emissions.