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US withdrawal from Paris Agreement ‘a global setback’

  • The United States has announced its withdrawal from the 2015 Paris Agreement, which aims to limit global temperature rise to 1.5 degrees Celsius.
  • The withdrawal order will take up to a year to take effect, following the declaration of 2024 as the hottest year on record.
  • President Trump plans to declare a national energy emergency and increase oil and gas production, which contradicts the goals of the Paris Agreement.
  • The nearly 200 countries that have ratified the Paris Agreement are urged to reaffirm their commitment and engage in global climate talks.
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Phil's Stock World broke the news in on Tuesday, January 21, 2025.
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