What IS the Paris 'Conference?'

5/31/2017

Hopefully the Early Reports are Fact:
Pres Trump Expected
to Pull the USA Out of the Paris UN Climate Change Conference

[Wikipedia] In summary: On 12 December 2015, the participating 195 countries agreed, by consensus, to the final[21] global pact, the Paris Agreement, to reduce emissions as part of the method for reducing greenhouse gas.
The Agreement will not become binding on its member states until 55 parties who produce over 55% of the world's greenhouse gas have ratified the Agreement. There is doubt whether some countries, especially the United States,[27] will agree to do so, though the United States publicly committed, in a joint Presidential Statement with China, to joining the Agreement in 2016.
The stated objectives of the Paris Agreement are implicitly "predicated upon an assumption – that member states of the United Nations, including high polluters such as China, US, India, Canada, Russia, Indonesia and Australia, which generate more than half the world’s greenhouse gas emissions, will somehow drive down their carbon pollution voluntarily and assiduously without any binding enforcement mechanism to measure and control CO2 emissions at any level from factory to state, and without any specific penalty gradation or fiscal pressure (for example a carbon tax) to discourage bad behaviour."[34]

Al Gore Supports it: Earth Institute Director Jeffrey Sachs argued that institutional investors would eventually divest from carbon-reliant firms if they could not react to political and regulatory efforts to halt climate change: "Every energy company in a pension fund's portfolio needs to be scrutinized from purely a financial view about its future, 'Why is this [a company] we would want to hold over a five- to 20-year period?'... If we continue to hold major energy companies that don’t have an answer to a basic financial test, we are just gambling. We have to take a fiduciary responsibility – these are not good bets."[35] Some US policy makers concurred, notably Al Gore, insisting that "no agreement is perfect, and this one must be strengthened over time, but groups across every sector of society will now begin to reduce dangerous carbon pollution through the framework of this agreement."[36]

Financial Support: Greenpeace activists, demanding 100% renewable energy at Climate March 2015 in Madrid. At the time, the conference was budgeted to cost US$186.87m.
[Wikipedia]

President Trump: expected to pull
out of Paris Climate Agreement
5-31-17, FOX News · President Trump is expected to soon announce he is pulling the United States out of the Paris Climate Agreement.