Halima Akhtar, MBA 2016-18, Vinod Gupta School of Management, IIT Kharagpur
The Paris climate pact where in 195 countries have agreed to limit the increase in global temperature since pre-industrial time to less than 2°C in the 21st century was accounted as a milestone in the world history. In November 2014, Mr. Obama announced a new target to cut greenhouse gas emissions 26-28% below 2005 levels by 2025. Among other measures taken in 2015, the U.S. had finalized the clean power plan to reduce carbon dioxide emissions from the power sector to 32% below 2005 levels by 2030. With the average global temperature already reaching 0.8°C above pre-industrial levels, there are fears that further delay will have long-term repercussions that would be near impossible to mitigate.
But amidst all these vows, Trump has intentions to reverse the plan of action as he claims that the crisis has been overblown and overstated and thus requires minimal attention in the present time. The momentum that the Paris agreement got in, had made countries realize their responsibilities towards global issues and US withdrawal would serve as a bitter blow to the intention of saving Earth.
The new policy changes that are happening in the Trump administration has already invited criticism from many major nations. The world now awaits his new set of reforms.