China vows to adhere to Paris climate deal

04 June, 2017, 05:41 | Author: Essie Rivera
  • Li Keqiang. File

On Sunday, the chancellor said that Germany could no longer "entirely rely" on certain partners quite as it had in the past, making it clear that a Trump White House and a United Kingdom leaving the European Union threatened to upset the status quo. Small island nations, individual European leaders, and even Russian Federation, the largest emitter that has yet to formally adopt the agreement, said Friday it was likely to do so by 2020.

Japan, Australia, New Zealand and South Korea also regretted the US move and reiterated their commitment to implement the agreement. "There is no backsliding on the Paris Agreement", Mr Juncker told the conference before a meeting with Mr Li and European Council chief Donald Tusk.

U.S. media reported Wednesday that Trump had made a decision to pull the United States out of the Paris accord.

Trump on Wednesday declared that abandoning the Paris climate agreement would be a victory for the American economy.

With China emerging as Europe's unlikely global partner on areas from free trade to security, Premier Li Keqiang will meet top European Union officials at a summit in Brussels that will also discuss North Korea's missile tests.

China has launched a legal challenge against the EU's existing anti-dumping rules at the WTO, although the bloc is in the process of changing its rules on combating dumping.

That also meant there could be no agreement on a formal pledge to work together to reduce global steel production.China's annual steel output is nearly double the EU's total production and Western governments say Chinese steel exports have caused a global steel crisis.

Li's Brussels trip came after his official visit to Germany where he attended the annual meeting between Chinese premier and German chancellor.

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A White House official said Wednesday that there could be "caveats in the language" announcing a withdrawal, leaving open the possibility that his decision isn't final.

In a tit-for-tat retaliation, former EU Parliament President Martin Schulz has pledged to respond to Donald Trump's pullout by refusing to engage in transatlantic trade talks.

"Fighting climate change is more important today than yesterday. If we don't act swiftly and boldly, the huge human and economic cost will continue to increase".

"China really sees huge economic growth opportunities in taking the lead in global climate change", said Carla Freeman, who directs the Foreign Policy Institute at Johns Hopkins. "We have got the talent and the will to make this possible in all sectors".

Friday's bilateral announcement signals that China might have found its new partner in the European Union.

Without mentioning the USA specifically, he said China has been "actively promoting the Paris agreement and we were one of the first countries to ratify the Paris agreement".

Alden Meyer, director of strategy and policy for the Union of Concerned Scientists advocacy group, said "I don't think any other countries will follow the USA out of Paris, so if he does leave, Trump will be in splendid isolation with the leaders of Syria and Nicaragua". Li will also hold talks with Belgian Prime Minister Charles Michel and meet Belgium's King Philippe.

Chief executive Odd Arild Grefstad cited the growth of renewable energy in US states such as Texas, New York and California as signs that "the world has started the transition from fossil to a renewable economy".

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