Trump’s election victory sparks dismay — and defiance — among architects of the Paris climate accord

Trump’s election victory sparks dismay — and defiance — among architects of the Paris climate accord


Republican presidential nominee, former U.S. President Donald Trump, listens to a question as he visits Chez What Furniture Store which was damaged during Hurricane Helene on September 30, 2024 in Valdosta, Georgia.

Michael M. Santiago | Getty Images News | Getty Images

Donald Trump’s election victory on Wednesday sparked a palpable sense of dismay among the climate community, with two key architects of the landmark Paris Agreement warning that the result will stall global efforts to protect the environment.

Trump will defeat his Democratic rival Kamala Harris and return to the White House for a second four-year term, according to an NBC News projection.

It marks a historic and somewhat improbable comeback for one of the most polarizing figures in modern American politics.

The 78-year-old, who has called the climate crisis “one of the great scams,” has pledged to ramp-up fossil fuel production, pare back outgoing President Joe Biden’s emissions-limiting regulations and pull the country out of the Paris climate accord — again.

The 2015 Paris Agreement is a critically important framework designed to reduce planet-heating greenhouse gas emissions. It aims to “limit global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels” over the long term.

Laurence Tubiana, a key architect of the Paris Agreement, said Trump’s election victory “is a setback for global climate action, but the Paris Agreement has proven resilient and is stronger than any single country’s policies.”

Tubiana, a French economist and diplomat who now serves as CEO of the European Climate Foundation, said the context today is “very different” to Trump’s first election victory in 2016.

French Economist Dr. Laurence Tubiana speaks during an event ‘G-20 Event: New Challenges in International Taxation’ at the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington DC, United States on April 17, 2024.

Anadolu | Anadolu | Getty Images

“There is powerful economic momentum behind the global transition, which the US has led and gained from, but now risks forfeiting. The devastating toll of recent hurricanes was a grim reminder that all Americans are affected by worsening climate change,” Tubiana said.

“Responding to the demands of their citizens, cities and states across the US are taking bold action,” she added.

“Europe now has the responsibility and opportunity to step up and lead. By pushing forward with a fair and balanced transition, in close partnership with others, it can show that ambitious climate action protects people, strengthens economies, and builds resilience.”

‘An antidote to doom and despair’

Separately, Christiana Figueres, the former United Nations climate chief who oversaw the 2015 Paris summit, said the U.S. election result will be regarded as a “major blow to global climate action.”

However, Figueres said “it cannot and will not halt the changes underway to decarbonise the economy and meet the goals of the Paris Agreement.”

“Standing with oil and gas is the same as falling behind in a fast moving world,” she continued, predicting that clean energy technologies would continue to outcompete fossil fuels over the coming years.

Dame Christiana Figueres, Chair, The Earthshot Prize speaks at the Earthshot Prize Innovation Summit in partnership with Bloomberg Philanthropies on September 24, 2024 in New York City.

Bryan Bedder | Getty Images Entertainment | Getty Images

“Meanwhile, the vital work happening in communities everywhere to regenerate our planet and societies will continue, imbued with a new, even more determined spirit today,” Figueres said.

“Being here in South Africa for the Earthshot Prize makes clear that there is an antidote to doom and despair. It’s action on the ground, and it’s happening in all corners of the Earth.”



Source

Coinbase confirms user metric investigation, says it’s working with Trump’s SEC to resolve
World

Coinbase confirms user metric investigation, says it’s working with Trump’s SEC to resolve

The Coinbase logo is displayed on a mobile phone screen with stock market percentages in the background. Idrees Abbas | Sopa Images | Lightrocket | Getty Images Coinbase on Thursday confirmed the U.S. Securities and Exchange Commission has been investigating whether the crypto exchange has misstated its user numbers. The stock was last lower by […]

Read More
CNBC’s Inside India newsletter: Could border flare-ups threaten India investments?
World

CNBC’s Inside India newsletter: Could border flare-ups threaten India investments?

This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story Indian Border Security Force (BSF) soldiers stand guard at the entrance of the India-Pakistan […]

Read More
Trump says he doesn’t want Apple building products in India: ‘I had a little problem with Tim Cook’
World

Trump says he doesn’t want Apple building products in India: ‘I had a little problem with Tim Cook’

Donald Trump speaks alongside Apple CEO Tim Cook (L) during the first meeting of the American Workforce Policy Advisory Board in the State Dining Room of the White House in Washington, DC, March 6, 2019. Saul Loeb | AFP | Getty Images U.S. President Donald Trump on Thursday said he told Apple CEO Tim Cook […]

Read More