Next Paris Agreement

With Biden and Vice President-designate Kamala Harris soon to be in charge, the few months spent by the United States outside the paramedic agreement are a “speed bump,” said Alden Meyer, former director of strategy and policy for the Union of Scientists, who has been involved in U.N. climate negotiations since the 1990s. But once the U.S. is back, he said, the question of how the United States lives for “what a world leader could expect on this issue.” “The role of the United States in this process cannot be overstated,” she said. “In math, the agreement doesn`t work if the United States doesn`t do its part.” A new global agreement on climate change was reached on December 12. The agreement is a balanced outcome with an action plan to limit global warming to a level “significantly below” 2 degrees Celsius and to limit its efforts to 1.5 degrees Celsius. Stern said restoring trust would require broad diplomatic publicity and aggressive climate action on the national territory. The ability of the United States to do so depends not only on who will be the next president, but also on the composition of the Senate, which remains unresolved. The cost of climate disasters has increased. Banks and investors have begun to turn away from fossil fuels as the price of renewable energy falls rapidly.

Finally, and not least, major U.S. allies are in a hurry to set their own climate change goals. Britain, the European Union, Japan and South Korea have all said they want to offset their own global warming greenhouse gas emissions by 2050. And in a smart move to eclipse the next occupant of the White House, China has also announced its own net zero ambitions. The United States is now the only major country in the world not to commit to the agreement to keep global temperatures above 3.6 degrees Fahrenheit (2 degrees Celsius) above pre-industrial temperatures. No wonder President Trump has announced his intention to leave the agreement in 2017 and launched proceedings in November 2019. But the move is in line with Trump`s agenda to scale back efforts to combat climate change in recent years, said Kate Larsen, an analyst at the Rhodium Group focused on climate. The Environment Council has adopted conclusions that define the EU`s position for the UN climate change conference to be held in Paris. Ministers agreed that the EU intends to reach an ambitious, legally binding and dynamic agreement to keep global warming below 2oC. First, it will be difficult to achieve the ambitious objectives of the agreement unless the private sector participates in content and relevance, but to do so, companies need the right political and financial signals to justify a redesign of their strategies. Signals should focus on the removal of fossil fuel subsidies, the introduction of carbon prices, green construction performance standards or guaranteed electricity benefits contracts for renewable energy. When the United States reinstated the agreement, experts said the country needed to recognize everything that has changed, including the glaring fact of its years of absence.

That means bringing humility to the negotiating table. “The withdrawal of the United States, if supported by the next government, will inevitably lead some countries to reduce their efforts to implement existing commitments,” Oppenheimer said.

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