Trump’s Plan: Withdraw From The Paris Climate Agreement
January 17, 2025
Trump promised to once again withdraw the U.S. from the landmark Paris Climate Agreement. Here’s what this executive action would mean for Americans and the global race to tackle the climate crisis.
Trump’s Promises:
- Trump and his campaign pledged to remove the U.S. from the Paris Climate Agreement during his second term.
- Big Oil has laid the groundwork in preparing an executive order for Trump to quickly sign that would remove the U.S. from the Paris Agreement.
- During his first term, Trump withdrew the U.S. from the Agreement, making the nation the first and only country to formally withdraw.
The Impacts:
- Remaining in the Paris Agreement would save the U.S. over half a trillion dollars annually – while doing nothing on climate change would cost $697.77 billion per year.
- Meeting the Paris Agreement’s 2°C goal could generate $467 trillion in economic growth while meeting the more ambitious 1.5°C goal could generate an additional $138 trillion through 2300.
- United Nations researchers found that the Paris Agreement, by growing the renewables sector and related industries, would create 24 million jobs worldwide by 2030.
- Meeting the goals of the Paris Agreement could save about 1 million lives per year worldwide by 2050 through reductions in dangerous planet-warming air pollution alone.
- In the 15 countries that emit the most climate pollution, the health impacts of air pollution are estimated to cost more than 4 percent of their GDP, while actions to meet the Paris Agreement’s goals would cost around 1 percent of global GDP.
- A U.S. withdrawal from the Paris Agreement could leave the country sidelined from international discussions about the growing clean energy economy. Even oil and gas companies such as Edison International, Exxon Mobil, and Cheniere Energy are in favor of the U.S. remaining in the Paris Agreement.
- A U.S. withdrawal from the Paris Agreement could also reduce the country’s ability to influence other major emitters to adopt ambitious climate policies.