Germany, China vow to deepen partnership amid global uncertainty

Terrell Bush
June 5, 2017

China also declined to include phrases referring to ways to resolve the problem of steel overcapacity, the person said.For a second year running, the EU-China summit failed to agree a final statement.

By backing off the US commitment to address climate change, President Donald Trump leaves an opening for a chief economic rival, China, to expand its increasing dominance in the renewable energy industry.

Taking the podium after Pruitt, White House press secretary Sean Spicer also dodged questions about Trump's beliefs regarding climate change.

Trump's announcement on Thursday that he would take the United States out of the Paris accord, saying the agreement would undermine the USA economy and cost jobs, drew anger and condemnation from world leaders and heads of industry. The "reckless withdrawal from the climate deal will waste increasingly finite USA diplomatic resources, and the US' selfishness and irresponsibility will be made clear to the world, crippling the country's world leadership", the outlet said.

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". He said he was convinced the USA will eventually rejoin.

It goes on to highlight that the Paris agreement isn't just about preventing the appearance of unstoppable and increasingly powerful climatological disasters.

A person present at the talks said that China had insisted on having a specific reference in a concluding text on the WTO issue. "I believe the United States of America should be at the front of the pack". Even before Trump's announcement, President Xi Jinping had figured out how to embrace the rhetoric, if not the substance, of global leadership.

"India's pledge does make a partial link between implementation and financial support from the global community, but does not state that India would only make an effort to limit carbon if worldwide support is available", senior fellow Navroz K. Dubash said in an interview. Only three years ago, it was a deal between Obama and Xi that laid the groundwork for what became the broader Paris agreement.

The scientific consensus is that global warming is real
The scientific consensus is that global warming is real

"We are both ready to contribute to stability in the world", the Chinese premier said.

"What the Paris accord represented, in a fractured world, was finally some global consensus, led by two big polluters, China and the United States, on a common course of action", said Graham T. Allison, the author of a new book, "Destined For War: Can America and China Escape Thucydides's Trap?" We hope we're right on that, and that he succeeds, before more serious damage is done to the position of the U.S. around the world.

That sentiment was evident on Thursday in Berlin.

Before Trump announced his decision Thursday afternoon, Chinese Premier Li Keqiang told reporters during a visit to Berlin that fighting global warming was a "global consensus" and an "international responsibility".

Russian Federation used the Trump announcement to cast doubt on the climate pact's viability.

Naturally, the Chinese are using the biggest weapon in their quiver: Money. It is a plan with echoes of the Marshall Plan and other US efforts at aid and investment, but on a scale with little precedent in modern history.

India, under its climate action plans, has pledged to curb its greenhouse gas emissions by up to 35 per cent from its 2005 level.


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