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Viewsroom

Donald Trump can’t melt Paris accord

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 1 June 2017

⏱️ 26 minutes

🧾️ Download transcript

Summary

The president is pulling America out of the climate agreement signed by 195 countries in 2015. But the continued commitment from cities, companies, investors – and China - will limit the damage. Meanwhile Goldman Sachs steps into a Venezuelan mess. Plus: advertisers as activists. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Where do you find a clear signal in a world of static?

0:03.2

In a time of rapid change cut through the noise,

0:06.2

the economist goes beyond the headlines to decode the forces shaping today

0:10.7

and defining tomorrow.

0:12.7

Get the full story.

0:14.1

It's more than news.

0:15.4

It's a trusted global perspective.

0:17.7

The economist know which way is up.

0:20.5

The views expressed on this podcast are those of the participants, not of Reuters' News.

0:36.5

Goldman Sachs steps in another political mess, this time in Venezuela.

0:41.1

And the woes afflicting Fox News reveal a new class of activists, advertisers.

0:46.1

These are the issues we'll be tackling later in this week's views room,

0:49.1

a weekly conversation among breaking views columnists about the ups and downs of the world of finance.

0:54.8

I'm Jennifer Sabah, and my colleague and co-host is, as always, Anthony Curry. Welcome, Anthony. Hello. So the big

1:01.0

news this week, though, is President Donald Trump's decision about the Paris Accord on climate change.

1:06.5

As we sit in front of our mics, he looks set to take the United States out of the December

1:10.4

2015 agreement.

1:12.6

That sounds like it should be a big blow to attempts to reduce the causes of global warming.

1:18.3

And past efforts, such as the 1997 Kyoto Protocol and the 2009 Copenhagen Climate Change conference ran into similar problems.

1:29.5

This time around, though, Antony, you argue that the exit may be anti-clamatic, hearty-har-har-ho. So why is that?

1:38.3

Well, I mean, there are several reasons. Firstly, unlike, say, your regular treaty, the countries sign amongst themselves, this

1:47.0

is an accord.

...

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