by Mish Shedlock, Mish Talk:
On a case-by-case basis, I analyze team Trump and Musk actions. Put this one solidly in the plus column.
Pledge Canceled
Please note the US Rescinds UN Climate Fund Pledges.
The US has canceled about $4bn in pledged money to the UN’s Green Climate Fund, the latest sign a sharp policy shift under President Donald Trump.
TRUTH LIVES on at https://sgtreport.tv/
The State Department late last week said the US “has rescinded outstanding pledges to the Green Climate Fund,” but did not provide any further details.
The US under former presidents Joe Biden and Barack Obama had pledged about $6bn combined to the GCF, with the most recent commitment announced at the Cop 28 climate talks in Dubai. But the two administrations were able to deliver only $2bn of the funding.
The cancellation of the GCF pledges is just the latest step by Trump to quickly reverse course for US climate and clean energy policies. Among his first acts after taking office last month Trump ordered the US to exit the Paris climate agreement and to pause spending on renewable energy projects. In addition, secretary of state Marco Rubio said the US would stop engaging in climate diplomacy.
“If pledges are not fully realized, our ability to support the climate ambitions of developing countries will be constrained,” the GCF said.
Boo-Hoo Version
For the boo-hoo version of this story, look to MSN Abandoning the UN Climate Pledge—Trump Makes the US a Global Outcast Again
In a move that shocked the international community, President Donald Trump announced the withdrawal of the United States from the Paris Agreement, a global accord aimed at combating climate change. S.
the only country to reject the widely supported climate pact, isolating it from the rest of the world. The Paris Agreement, signed by 195 countries in 2015, was a landmark in the fight against climate change.
It aimed to limit global warming to well below 2 degrees Celsius above pre-industrial levels. S. [Mish note: something is missing here because this is exactly how the article looks with two consecutive incomplete sentences]
not only turned its back on a collective effort to address climate change but also abandoned its leadership role in this crucial global issue.
I believe that is supposed to say “The U.S. not only turned its back ….”
Boo-hoo. Spare me the sap. This was expected, not shocking, so what a ridiculous story.
Let’s get to the point.
Is this Legal?
You should know the answer because otherwise I would not be cheering. The US Senate never ratified the Paris Accord treaty.
President Obama signed the Paris Accord in 2015 despite the fact the US Senate never approved the treaty. But presidents have been sending money to these causes anyway.
President Trump withdrew the United States from the agreement during his first term.
President Joe Biden rejoined the agreement in 2021.
The correct view is that even if you support the idea, is the Senate needs to sign treaties.
Let’s Discuss USMCA
I am a legal sticker on these issues.
The US Senate ratified Trump’s USMCA deal 89-10. Trump called the deal “the best trade deal in US history”. It was not Trump’s authority to break USMCA.
It is a bad idea for US presidents to unilaterally sign treaties or break those that are signed. Period.
